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$ 2,499,000
Est. payment | /mo
34,188 SqFt
$ 2,499,000
Est. payment | /mo
34,188 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 34,188 sqft
Price per Sqft $73
MLS Listing ID ML81990319
HOA Y/N No
Year Built 1955
Lot Size 0.850 Acres
Acres 0.85
Property Sub-Type Comm Ind For Sale
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
Zoning CO/R
Interior
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
New Construction No
Others
Tax ID 002335005000
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Listed by Sergio Ceja • Remax Property Experts
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Patrick Nagel
REALTOR® | Lic# 1760790