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241 Main St Salinas, CA 93901

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For Sale
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Iconic Theatre, Business & Building Included

Property size:
9,767 SF

Property Features for 241 Main St

General Information

Property type
Theaters & concert halls
Square Feet
9,767 SF
Class
A

Building Details

Year Built
1921
Units
3

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Listing Contact
Ian Jones
Ian Jones

Listing Agency: Mahoney & Associates Listing Agent: Ian Jones

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Embrace a rare opportunity to acquire the historic Fox Theatre, a thriving Class A business and building located at 241 Main St, Salinas, CA 93901. This 9,767 sq ft property, situated on a 10,890 sq ft lot, boasts a rich history and significant potential. Built in 1921 and meticulously maintained, the theatre features updated electrical and plumbing systems, a recently repaired roof, and has undergone earthquake retrofitting. The sale includes all fixtures, furniture, and equipment (FF&E), a Type 47 liquor license (with Type 58 caterer's endorsement), and the established business, complete with bookings extending into 2025. The property is zoned MX - Mixed Use, offering versatile possibilities. With only 2 parking spaces on-site, potential buyers should consider the parking needs of the business. Financial details for the business are available upon signing a non-disclosure agreement (NDA). Located just steps from the Taylor Farms Headquarters and central to Salinas' downtown revitalization plan, this acquisition presents a unique blend of historical preservation and significant business growth potential, making it an exceptional investment opportunity. The property's APN is 002-234-031. The building consists of three units. The asking price is $4,500,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Fox Theater Theater & Performing Art Venue

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Salinas
County
Monterey
State
California
Longitude
-121.65507711161
Latitude
36.67467265233

FAQs

What type of property is this?
Theater & concert hall - Iconic Theatre, Business & Building Included
Where is this theater & concert hall located?
The property is located at 241 Main St Salinas, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: $4,500,000 asking price for a Class A, 9,767 sq ft business and building.; Historic Fox Theatre in Salinas, CA, includes building, FF&E, Type 47 liquor license with Type 58 caterer's endorsement, and established business with bookings through 2025.; Located at 241 Main St., Salinas, CA 93901, on a 10,890 sq ft lot with 2 parking spaces.
(408) 726-5885 Call to check price and availability
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