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Retail Development Opportunity 1850 N Main St 3,120 SF Office Building Salinas, CA 93906 $1,884,492 CAD ($604.00 CAD/SF)
EXECUTIVE SUMMARY
Mahoney & Associates is pleased to present to the market 1850 N. Main St. for sale located in Salinas, CA. The subject property is a 3,120 SF office building on a 15,805 square foot lot. The property was originally developed as a veterinary hospital in the 1960s and is currently built out as such. The layout lends itself to a variety of medical office uses such as veterinary, dental, and family practice.
The City of Salinas is in the midst of adopting a new General Plan which will include a Zoning Code Upgrade. Although the General Plan adoption is being finalized, the zoning code upgrade is still expected to take an additional 1-2 years for completion. The City of Salinas is fast-tracking the zoning update for this property, which they anticipate should be completed by October of 2025. Although the current zoning provides only for office use, the new zoning will be Mixed Use Village, which will allow for both Retail as well as Mixed Use.
The City of Salinas is in the midst of adopting a new General Plan which will include a Zoning Code Upgrade. Although the General Plan adoption is being finalized, the zoning code upgrade is still expected to take an additional 1-2 years for completion. The City of Salinas is fast-tracking the zoning update for this property, which they anticipate should be completed by October of 2025. Although the current zoning provides only for office use, the new zoning will be Mixed Use Village, which will allow for both Retail as well as Mixed Use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,120 SF
Building Class
C
Year Built
1966
Price
$1,884,492 CAD
Price Per SF
$604.00 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,120 SF
Building FAR
0.20
Lot Size
0.36 AC
Zoning
CO - Commercial Office
Parking
17 Spaces (5.45 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 253-161-009-000 | Improvements Assessment | $269,420 CAD |
| Land Assessment | $71,327 CAD | Total Assessment | $340,747 CAD |
PROPERTY TAXES
Parcel Number
253-161-009-000
Land Assessment
$71,327 CAD
Improvements Assessment
$269,420 CAD
Total Assessment
$340,747 CAD
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Retail Development Opportunity | 1850 N Main St
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