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    Historic Mixed-Use Multifamily Building
    Updated: Jun 24
    Historic Mixed-Use Multifamily Building

    301 Main Street, Salinas, CA 93901

    $13,500,000
    Six‑story downtown Salinas building with ground‑floor leased art deco restaurant (Alvarado on Main) and 50 residential studio units on floors 2–6
    50 studio apartments converted from office space in 2022 with wide‑plank oak flooring, stainless steel appliances, quartz countertops, and LED vanity mirrors
    Each residential floor includes a laundry room with 2 washers and 2 dryers; mail room plus on‑site manager
    Roof improvements include approx. 5,000 SF Trex decking and viewrail glass railing around the roof perimeter
    ButterflyMX Smart Intercom service, plus basement storage available at additional cost and internal ground‑floor access to the restaurant
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Salinas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Brewery and Taproom Facility
    Turn-Key Brewery and Taproom Facility

    625 Main ST, Watsonville, CA 95076

    $2,250,000
    0.32 AC lot

    Turn-key brewery and fully built taproom with a professionally designed production area and commercial bar.

    View details
    Mixed-Use Restaurant Kitchen Building
    Mixed-Use Restaurant Kitchen Building

    326 Alta ST, Gonzales, CA 93926

    $1,398,000
    0.12 AC lot

    Restaurant-ready mixed-use building with full commercial kitchen, walk-in refrigeration, and dual-level workspace.

    View details
    Commercial Mixed-Use Building in Gonzales
    Commercial Mixed-Use Building in Gonzales

    326 Alta St, Gonzales, CA 93926

    $1,398,000
    0.12 AC lot

    Commercial mixed-use building with restaurant/grocery store and customizable upper level.

    View details
    Turn-Key Brewery and Taproom Facility
    Turn-Key Brewery and Taproom Facility

    625 Main St, Watsonville, CA 95076

    $2,250,000

    Turn-key brewery, taproom, and beverage facility in downtown Watsonville.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Light Commercial Land Parcel
    Light Commercial Land Parcel

    70260 Jolon Road, Bradley, CA 93426

    $199,999
    13.98 AC lot

    13.98+/- acre raw, unimproved parcel with Light Commercial (LC) zoning and direct paved Jolon Road frontage.

    View details
    Prime Commercial Land in Hilmar
    Prime Commercial Land in Hilmar

    7940 Lander Ave, Hilmar, CA 95324

    $959,000
    1.50 AC lot

    1.5-acre commercial parcel with utilities and high visibility.

    View details
    Jolon Road Winery Corridor Land
    Jolon Road Winery Corridor Land

    70260 Jolon Rd, Bradley, CA 93426

    $199,999
    13.98 AC lot

    13.98 acre commercial land in Monterey County.

    View details
    Coalinga Vacant Lot For Sale
    Coalinga Vacant Lot For Sale

    N 5th St, Coalinga, CA 93210

    $75,000
    0.20 AC lot

    Vacant lot with approved plans for professional office space.

    View details

    Off-Market Properties in Salinas, CA

    Consider similar Off-Market properties in Salinas, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    163 Williams Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    163 Williams Rd, Salinas, CA 93905

    $2,935,000
    Estimated value
    0.53 AC lot
    View details
    216 John St
    DRIVE-THRU RESTAURANT, FAST FOOD

    216 John St, Salinas, CA 93901-3323

    $1,205,000
    Estimated value
    1,540 sqft 0.20 AC lot
    View details
    505 Alisal St
    DRIVE-THRU RESTAURANT, FAST FOOD

    505 Alisal St, Salinas, CA 93905-2503

    Value Estimation by Request
    2,323 sqft 0.62 AC lot
    View details
    Salinas, CA 93907
    DRIVE-THRU RESTAURANT, FAST FOOD

    Salinas, CA 93907

    $16,550,000
    Estimated value
    2,532 sqft 0.47 AC lot
    View details
    Salinas, CA 93907
    DRIVE-THRU RESTAURANT, FAST FOOD

    Salinas, CA 93907

    $3,585,000
    Estimated value
    4,014 sqft 0.81 AC lot
    View details
    645 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    645 Main St, Salinas, CA 93901-3203

    Value Estimation by Request
    2,260 sqft 0.47 AC lot
    View details
    Salinas, CA 93905
    DRIVE-THRU RESTAURANT, FAST FOOD

    Salinas, CA 93905

    Value Estimation by Request
    0.83 AC lot
    View details
    810 Market St
    DRIVE-THRU RESTAURANT, FAST FOOD

    810 Market St, Salinas, CA 93905-2138

    Value Estimation by Request
    3,465 sqft 0.46 AC lot
    View details
    701 Alisal St
    DRIVE-THRU RESTAURANT, FAST FOOD

    701 Alisal St, Salinas, CA 93905-2603

    Value Estimation by Request
    1,500 sqft 0.34 AC lot
    View details
    711 Alisal St
    DRIVE-THRU RESTAURANT, FAST FOOD

    711 Alisal St, Salinas, CA 93905-2603

    $1,265,000
    Estimated value
    1,152 sqft 0.53 AC lot
    View details
    1315 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1315 Main St, Salinas, CA 93906-2828

    $1,400,000
    Estimated value
    4,921 sqft 0.84 AC lot
    View details
    315 Alisal St
    DRIVE-THRU RESTAURANT, FAST FOOD

    315 Alisal St, Salinas, CA 93901-4302

    $555,000
    Estimated value
    3,339 sqft 0.67 AC lot
    View details
    32 John St
    DRIVE-THRU RESTAURANT, FAST FOOD

    32 John St, Salinas, CA 93901-3304

    Value Estimation by Request
    6,072 sqft 0.42 AC lot
    View details
    909 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    909 Main St, Salinas, CA 93901-2404

    $510,000
    Estimated value
    3,094 sqft 0.68 AC lot
    View details
    901 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    901 Main St, Salinas, CA 93901-2404

    Value Estimation by Request
    2,236 sqft 2.89 AC lot
    View details
    664 Alisal St
    DRIVE-THRU RESTAURANT, FAST FOOD

    664 Alisal St, Salinas, CA 93905-2643

    $1,110,000
    Estimated value
    1,344 sqft 0.40 AC lot
    View details
    1250 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1250 Main St, Salinas, CA 93901-2206

    $4,030,000
    Estimated value
    5,742 sqft 1.51 AC lot
    View details
    131 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    131 Main St, Salinas, CA 93901-3403

    $620,000
    Estimated value
    5,710 sqft 0.09 AC lot
    View details
    1391 Davis Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1391 Davis Rd, Salinas, CA 93907-1991

    $685,000
    Estimated value
    5,809 sqft 1.33 AC lot
    View details
    1345 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1345 Main St, Salinas, CA 93906-2828

    Value Estimation by Request
    2,461 sqft 1.12 AC lot
    View details
    1339 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1339 Main St, Salinas, CA 93906-2828

    Value Estimation by Request
    2,594 sqft 0.94 AC lot
    View details
    741 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    741 Main St, Salinas, CA 93901-3233

    Value Estimation by Request
    1,640 sqft 0.26 AC lot
    View details
    1375 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1375 Main St, Salinas, CA 93906-2828

    $585,000
    Estimated value
    2,970 sqft 0.70 AC lot
    View details

    Salinas, CA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Salinas, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $13,500,000.

    Sale prices for restaurant properties in Salinas, CA start at $13,500,000, averaging $13,500,000, and reaching up to $13,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 196K
    Population Growth (5Y) +5.0%
    Median Household Income $93,977
    College Educated 27.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $25.66 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Salinas fall within the 5,000 to 10,000 square foot range.

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