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220 Pajaro St
Salinas, CA 93901
Office Property For Sale
Investment Highlights
- Assemblage Opportunity
- Parking and Alley Access at rear
- Central Salinas location live/work flexibility
- Value added opportunity
Executive Summary
Residential mixed-use zoned property currently utilized as a live/work space with on-site business use. Deferred maintenance-see attached building and pest inspections for details. Adjacent parcel at 214 Pajaro (parking lot) listed ant $300,000 is also available, creating a compelling assemblage opportunity for expanded development potential. Ideal for investor, contractor, or owner-user seeking flexible use and upside potential. Rare opportunity to control two contiguous parcels in a central location. Buyer to verify all conditions, uses and development possibilities. Seller prefers As Is sale and short term rent back.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Building Size
1,538 SF
Building Class
C
Year Built
1917
Price
$886,379 CAD
Price Per SF
$576.32 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,538 SF
Building FAR
0.25
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
MX; Salinas - Mixed-use potential allowing residential and commercial uses. Buyer to verify zoning, permitted uses, and development potential with City of Salinas.
Parking
4 Spaces (2.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 002-231-005-000 | Improvements Assessment | $238,308 CAD |
| Land Assessment | $141,218 CAD | Total Assessment | $379,527 CAD |
Property Taxes
Parcel Number
002-231-005-000
Land Assessment
$141,218 CAD
Improvements Assessment
$238,308 CAD
Total Assessment
$379,527 CAD
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