Property profile

266 Main St Salinas, CA 93901

OFF-MARKET
Retail properties & Spaces
Built 1948
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Property summary

AI-generated overview

This 3800-square-foot retail space at 266 Main St, Salinas, CA 93901, is a single-tenant storefront built in 1948. Located in the heart of Old Town's downtown improvement district, next to Sweet Reba's Bakery, this property offers exceptional street visibility and high foot traffic. The space features vaulted ceilings, creating an open and airy atmosphere, and a thoughtfully designed layout combining retail floor space with a sophisticated office loft area. Back alley loading access ensures efficient stock replenishment. The property's one-story design and prime location make it ideal for a variety of retail businesses, from boutiques and galleries to specialty shops. This unique space provides a blend of historical charm and modern functionality, offering a thriving retail environment for entrepreneurs seeking a dynamic location within Salinas' vibrant downtown. The property's strategic placement next to a popular bakery creates a synergistic environment, attracting customers with its appealing location and ambiance. This is a rare opportunity to establish a business in a high-traffic area with excellent visibility and convenient amenities.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

266 Main St Salinas, CA 93901
Salinas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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