Property Details
About this Property
Excellent opportunity to own historical building located in the revitalization area of Chinatown in South Salinas The property consists of a concrete shell of a 2 story building with approx 5500 sqft of usable space and an attached 3850 sqft single level building. Both buildings are in poor condition as a result of fire damage and deferred maintenance over several decades. The 5500 sqft concrete building has been deemed historic by the city of Salinas. The city will allow adaptive reuse of the structures for up to 25 residential units with minimum size of 350 sqft studios with limited parking and open space requirements. The property is zoned Mixed Use(Focused Growth Overlay 2) with great development potential for multifamily apartments(up to 80 units per acre). With over a half acre of land, there is a possibility of subdividing the lot to create two lots for development. Please check with the city for all possible uses of the site and government incentives to redevelop the property.
MLS Listing Information
MLS #
ML81886965
MLS Source
MLSListings, Inc.
Days on Site
504
Buyer's Brokerage Compensation*
2.50%
Commercial Information
Parking Spaces
20
Present Use
Mixed
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
None
Heating
No Heating
Exterior Features
Roof
Tar/Gravel
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
MX
Nearby Homes for Sale
34 Soledad St is a Commercial Sale in Salinas, CA 93901. This 9,350 square foot property sits on a 0.541 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $300,000 and was built in 1940. This address can also be written as 34 Soledad St, Salinas, CA 93901.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of January 01, 2023. For the most current information, please contact Sean Griffin, (831) 262-1955
