Rare opportunity to acquire 220 Pajaro Street, an improved mixed-use property in the core of Salinas, offering immediate usability with flexible configurations for owner-users or investors. The property benefits from a prime downtown location with strong visibility and favorable mixed-use zoning, supporting a variety of uses including retail, office, residential… Read More over commercial, or live/work configurations (buyer to verify). The existing improvements provide functional space for occupancy or income, while also offering repositioning and redevelopment potential over time. A unique opportunity exists to assemble with the adjacent parcel at 214 Pajaro Street, which is also available for purchase. Combining 214 & 220 Pajaro creates a larger, more efficient development site enhancing scale, design flexibility, and long-term value potential. Assemblage opportunities in the downtown corridor are limited and difficult to replicate. 220 Pajaro is well-suited for investors, developers, or owner-users seeking an income-producing asset with additional upside potential. Pricing: Property is priced with consideration to its location, existing improvements, income potential, and assemblage value. Seller will prioritize qualified buyers with strong financial capacity and clean terms. Read Less
Courtesy of Coldwell Banker Realty, Ric Morrison 831-809-3419
Listing Snapshot
Days Online
22
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,538
Lot Size
0.14 Acres
Year Built
1917
MLS Number
ML82038357
30 Days Snapshot Of 93901
$763k
+11%
(avg) sold price
11
+22%
homes sold
33
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6206.00, Max Area Units: Square Feet, Grade - Level
Building
Built in 1917, 1,538 square feet, 1,538 living square feet, Style: Craftsman, Building type: Detached
Dining Room
No Formal Dining Room
Family Room
No Family Room
Fireplaces
Living Room
Floors
Carpet, Hardwood, Vinyl / Linoleum
Foundation
Concrete Perimeter
Roof
Composition
Cooling
None
Garage
Uncovered Parking
Parking
4 parking spaces
Water Features
Public
Heating
Central Forced Air - Gas, Forced Air
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public, Sewer Connected
Property
Neighborhood, Fixer Upper, Zoning: Mixed Use, Unknown, Horse property?: No
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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