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Property profile & analytics
FOR LEASE
Retail space

908 S Main St Salinas, CA 93901

5,388 SF 0.14 ac lot Built 1965
Trust Owned 5-yr Hold Free & Clear
Property ID
US09-1804100
Property summary
AI-generated overview

This exceptional property at 908 & 908 1/2 S. Main St., Salinas, CA 93901, offers two renovated suites ideal for creative office or retail use. Located in Valley Center Plaza, the buildings boast excellent visibility and signage, directly across from Pastabilities Restaurant. Each of the two single-tenant buildings features approximately 2,477 and 2,825 square feet respectively, and benefits from ample on-site parking. Recent upgrades include new HVAC systems, remodeled bathrooms (including ADA-compliant facilities in each suite), new LED lighting, a new roof, and fresh paint throughout. The property is zoned MX (Mixed Use), providing flexibility for a variety of businesses. Lease rates are available upon request. This is a rare opportunity to secure high-quality, renovated space in a desirable Salinas location. The buildings are situated in a vibrant area with high foot traffic and excellent access to major transportation routes. The modern amenities and prime location make this an attractive option for businesses seeking a functional and stylish workspace. Don't miss this chance to establish your business in this thriving commercial hub.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction TILT-UP CONCRETE
Total area 5,388 SF
Lot 0.14 ac (6,033 SF)
APN 002-542-010-000
UPID US09-1804100
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$780k
Blend (final) Blend
$605k
Owner & transaction history
Anthony,f Villafranca & Trust · 5 yrs held
Anthony,f Villafranca & Trust
since 2020
2 recorded transactions
2020
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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