Historic Mixed-Use Multifamily
301 Main Street Salinas, CA 93901
301 Main Street, Salinas, CA, 93901
$13,500,000
For Sale
$13,500,000
Six-story building combines a ground-floor leased restaurant with 50 residential studio units on upper floors.
Days on Market28
Property Features for 301 Main Street
General Information
- Standard status
- Active
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing agency
Baird Partnership, Inc.
(831) 238-3592
Listed by
Patrick Stafford · License #01857243
(831) 238-3592
Source
Exitrealty
Added: Jun 24 Updated: Jul 20 at 8:57PM Checked: Jul 21 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird Partnership, Inc.
Investment Insights
Based on property information with market context.
This iconic six-story, historic mixed-use property features ground-floor restaurant space leased to Alvarado Street Brewery’s art deco styled concept, Alvarado on Main. Floors 2 through 6 were converted from office space in 2022 into fifty (50) residential studio apartment units, with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. The building also includes approximately 5,000 SF of Trex decking on the roof, along with a viewrail glass railing around the perimeter of the roof space.
The property is located in the heart of downtown Salinas, just blocks from the Taylor Farms Headquarters and the Monterey County Superior Courthouse. Amenities and building services include a ButterflyMX Smart Intercom service, laundry rooms on each floor with two washers and two dryers per residential floor, a mail room, basement storage spaces available at an additional cost, and an on-site manager. There is also internal ground-floor access to the restaurant.
As a historic property, it is part of the Mills Act Program, which provides significant property tax savings.
The property is located in the heart of downtown Salinas, just blocks from the Taylor Farms Headquarters and the Monterey County Superior Courthouse. Amenities and building services include a ButterflyMX Smart Intercom service, laundry rooms on each floor with two washers and two dryers per residential floor, a mail room, basement storage spaces available at an additional cost, and an on-site manager. There is also internal ground-floor access to the restaurant.
As a historic property, it is part of the Mills Act Program, which provides significant property tax savings.
Key Highlights
- Six‑story downtown Salinas building with ground‑floor leased art deco restaurant (Alvarado on Main) and 50 residential studio units on floors 2–6
- 50 studio apartments converted from office space in 2022 with wide‑plank oak flooring, stainless steel appliances, quartz countertops, and LED vanity mirrors
- Each residential floor includes a laundry room with 2 washers and 2 dryers; mail room plus on‑site manager
Property Analytics
Location Intelligence
Current Use by Public Records
Central Coast Auto ...
Car Dealership
Medical Marijuana Doctors ...
Medical Clinic
The Car Lot
Car Dealership
Tarot Card Reading ...
Spiritual Center
Alvarado On Main - Oldtown ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six-story building combines a ground-floor leased restaurant with 50 residential studio units on upper floors.
Where is this apartment building located?
The property is located at 301 Main Street Salinas, CA.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: Six‑story downtown Salinas building with ground‑floor leased art deco restaurant (Alvarado on Main) and 50 residential studio units on floors 2–6; 50 studio apartments converted from office space in 2022 with wide‑plank oak flooring, stainless steel appliances, quartz countertops, and LED vanity mirrors; Each residential floor includes a laundry room with 2 washers and 2 dryers; mail room plus on‑site manager
