123 Alisal St, Salinas, CA 93901-3518

This exceptional 34,188 square foot commercial property located at 123 Alisal Street in Salinas, California presents a rare investment opportunity. Situated on a 0.85-acre lot, this historic building boasts extensive storage, roll-up doors, and a 24-space parking lot, offering remarkable versatility. Its prime downtown location directly across from the County Courthouse ensures unparalleled visibility and accessibility. The property's rich history adds to its unique appeal, making it an ideal canvas for a variety of uses. Importantly, the City of Salinas has already approved a site plan for a significant redevelopment project. This plan envisions transforming the property into a 47,700 square foot mixed-use development, incorporating 1,881 square feet of commercial space and 40 residential units. However, the property's adaptability extends beyond this approved plan