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    123 W Alisal St Salinas, CA 93901

    For Lease
    $14,885 /Mo ($5 SF/Yr)

    Commercial Lease - SALINAS, CA

    Property size:
    34,188 SF
    Lot size:
    0.85 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 123 W Alisal St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Security Alarm
    Zoning
    CO/R
    Parking
    24
    Interior features
    Elevator / Lift, Parking, Wheelchair Access, Fire Alarm, Fire System - Sprinkler, Security Alarm
    Accessibility
    Accessible Approach with Ramp, Accessible Elevator Installed
    Size
    34,188 SF
    Lot size
    0.85 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Roof type
    Composition
    Architectural style
    Other

    RE/MAX Property Experts (831) 320-6212 [email protected]

    Listing agent Sergio Ceja (831) 751-6900 License #01891543

    Listing date Sep 7, 2025

    MLS# ML82020678 Listing URL

    Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Salinas Building For Lease

    The iconic Californian Newspaper building, a Salinas landmark, is available for lease at a rate of $0.40 per sq. ft. per month, plus triple net (NNN) expenses. The historic property spans approximately 37,213 sq. ft. and includes ample storage, roll-up doors, and a 24-space private parking lot. The property is located at 123 W. Alisal Street, directly across from the Monterey County Courthouse, offering visibility and accessibility in downtown Salinas. The lot size is 0.85 acres. The property's zoning is CO/R. The property is adaptable for a range of commercial uses. The property size is 34,188 Square Feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ocon Family Chiropractic Chiropractor First Roofing Roofing Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.658456
    Latitude
    36.6730066

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    FAQs

    What type of property is this?
    Office building - Iconic Salinas newspaper building available for lease in a prime location.
    Where is this office building located?
    The property is located at 123 W Alisal St Salinas, CA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Salinas, directly across from the Monterey County Courthouse, offering excellent visibility and accessibility.; - Iconic, historic Californian Newspaper building, a true Salinas landmark.; - Spacious 37,213 sq. ft. property adaptable for a wide range of commercial uses.
    (831) 751-6900
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    123 W Alisal St Salinas, CA 93901
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    Salinas, CA 93901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 W Alisal St Salinas, CA 93901
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