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$2,499,000
Est. payment /mo
0.85 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81990319
HOA Y/N No
Year Built 1955
Annual Tax Amount $28,981
Lot Size 0.850 Acres
Property Description
Rare opportunity to own a piece of Salinas history with the iconic Californian Newspaper building, a landmark brimming with potential. Spanning an impressive 37,213 sq. ft., this historic property features extensive storage space, roll-up doors, and a 24-space parking lot, making it adaptable for various uses. Ideally located at 123 W. Alisal Street in the heart of downtown Salinas, the building sits directly across from the County Courthouse, offering unparalleled visibility and accessibility. The City of Salinas has already reviewed and approved a Site Plan for the buildings transformation into a 47,700 sq. ft. mixed-use development, which would include 1,881 sq. ft. of commercial space and 40 residential units. Alternatively, it could remain a corporate office or serve other innovative purposes. With its rich history and prime location, this property is a blank canvas for visionaries looking to make their mark.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning CO/R
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Total Parking Spaces 24
Building
Water Public
Others
Tax ID 002335005000
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Listed by Sergio Ceja • Remax Property Experts
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Devin McNichol & Aaron Bernbach
Agent | License ID: 02038322
Agent License ID: 02038322