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Financial
Distress signals
Property profile

231 Main St Salinas, CA 93901

FOR SALE
Other restaurants
Property ID
US09-2542902
10,189 SF
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

231 Main St. is a two-tenant commercial building in Downtown Salinas that totals approximately 21,052 SF, with one tenant space of approximately 3,600 SF and a larger remaining area of approximately 17,452 SF. The larger area is configured with high ceilings, skylights, and back-of-house storage and is designed for an open, flexible use pattern. The building has entrances on Main St. and a second entry accessed through a public parking lot off Monterey St. toward the rear, supporting separate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.52%
$166k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service15.0
Kitchen & Bath12.8
Pharmacy11.4

Location

231 Main St Salinas, CA 93901
County assessor · not on file Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Main, Salinas, CA 93901 $3,500,000 Jan 2026 13,496 SF
92 La Mesa, Salinas, CA 93901-2901 $975,000 Apr 2025 5,501 SF
363 Market, Salinas, CA 93901-3728 $2,000,000 Jan 2025 4,301 SF
831 Main, Salinas, CA 93901-2436 $1,835,000 Nov 2024 4,575 SF
910 Main, Salinas, CA 93901-2405 $600,000 Oct 2024 13,320 SF
232 Monterey, Salinas, CA 93901-3409 $6,174,000 Jun 2024 16,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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