Property Details
About this Property
202 Main Street is a 2-story, landmark mixed-use building in Downtown Salinas. Originally constructed in 1907 as a 1-story reinforced concrete commercial building but designed to support 2 more floors. In 1926 the Bank of Italy purchased the property and added a 2nd floor built out as professional offices with a vault and basement. The property has been meticulously maintained over the years and has recently received significant upgrades such as new exterior paint, brand new custom-made historical windows to the entire second floor, and elevator service and maintenance. The building is 100% leased with the ground floor being occupied by an antique mall on a short-term lease. The upstairs is fully leased out to a variety of office users on month-to-month leases allowing the purchaser the flexibility and upside to either convert the second floor to residential units, increase the existing rents, or occupy the building as an owner/user. The property is serviced by a 2'' water line.
MLS Listing Information
MLS #
ML81926816
MLS Source
MLSListings, Inc.
Days on Site
216
Buyer's Brokerage Compensation*
2.50%
Commercial Information
# Buildings / # Units
1
Parking Spaces
0
Present Use
Commercial, Mixed, Office
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
None
Heating
Common
Exterior Features
Roof
Flat, Tile
Foundation
Reinforced Concrete
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
MX
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
202 Main St is a Commercial Sale in Salinas, CA 93901. This 19,000 square foot property sits on a 8,928 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,250,000 and was built in 1907. This address can also be written as 202 Main 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 November 07, 2023. For the most current information, please contact James Kendall, (831) 275-0129
