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Property profile & analytics
FOR SALE
Commercial real estate

231 Main St Salinas, CA 93901

10,189 SF
Individually Owned 4-yr Hold
Property ID
US09-2542902
Property summary
AI-generated overview

This exceptional 10,189 square foot, two-story building at 231 Main St., Salinas, CA 93901, is situated in the heart of Oldtown, a high-traffic, high-visibility area. The majority of the space (7,452 sq ft) is located on the ground floor and features high ceilings, skylights, a pre-existing bar area, and space designated for a kitchen and storage, making it ideal for a variety of retail or restaurant uses. Convenient access is provided via entrances on Main Street and a rear entrance from a public parking lot off Monterey Street. The upper level offers an additional 2,736 square feet of office space, potentially adaptable to residential use under the City's Adaptive Reuse Ordinance. The property is zoned for Mixed Use - Downtown Core Area and is located in Monterey County. This single-tenancy building presents a unique opportunity for a business seeking a prominent location in a vibrant, historic district. The property's versatile layout and prime location offer significant potential for a variety of uses.

Property profile
Verified
Property type Commercial real estate
Total area 10,189 SF
UPID US09-2542902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Testosterone Replacement Therapy Clinic Health Counselor
  • Ipamorelin CJC 1295 Peptide Therapy Clinic in Salinas Health Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jerry Alan Long · 4 yrs held
Jerry Alan Long
since 2021
2 recorded transactions
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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