Six-Story Mixed-Use Income
301 Main Street Salinas, CA 93901
For Sale
$12,950,000
Six-story downtown building with leased ground-floor restaurant and residential studio apartments converted from office space.
Days on Market92
Property Features for 301 Main Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Baird Partnership,Inc.
Listed By:
Patrick Stafford
(714) 497-3550
Source:
Sevengables
Added: Apr 29
Changed: Jul 27
Last Checked: Jul 27 at 9:17PM
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 mixed-use property includes a leased ground-floor restaurant space and residential studio apartment units on floors 2 through 6. Floors 2–6 were converted from office space in 2022 and feature 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 with a viewrail glass railing around the perimeter of the roof space.
The property is located in the heart of downtown Salinas and is just blocks away from the Taylor Farms Headquarters and the Monterey County Superior Courthouse. Internal ground floor access connects the residential portion with the Alvarado on Main restaurant. Building amenities include a ButterflyMX Smart Intercom service, laundry rooms on each residential floor (2 washers and 2 dryers per floor), a mail room, on-site manager, and basement storage spaces available at an additional cost.
The building has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.
The property is located in the heart of downtown Salinas and is just blocks away from the Taylor Farms Headquarters and the Monterey County Superior Courthouse. Internal ground floor access connects the residential portion with the Alvarado on Main restaurant. Building amenities include a ButterflyMX Smart Intercom service, laundry rooms on each residential floor (2 washers and 2 dryers per floor), a mail room, on-site manager, and basement storage spaces available at an additional cost.
The building has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.
Key Highlights
- Six‑story downtown Salinas building (built 1930) with leased ground‑floor restaurant and 50 residential studio units on floors 2–6
- Ground floor leased to Alvarado Street Brewery’s art deco restaurant, Alvarado on Main, with internal access from the building
- 2022 conversion from office to 50 studio apartments with wide‑plank oak flooring, stainless steel appliances, and quartz countertops
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-story downtown building with leased ground-floor restaurant and residential studio apartments converted from office space.
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 $12,950,000.
What are key features of this property?
This property features: Six‑story downtown Salinas building (built 1930) with leased ground‑floor restaurant and 50 residential studio units on floors 2–6; Ground floor leased to Alvarado Street Brewery’s art deco restaurant, Alvarado on Main, with internal access from the building; 2022 conversion from office to 50 studio apartments with wide‑plank oak flooring, stainless steel appliances, and quartz countertops
