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For Sale

301 Main Street

301 Main Street, Salinas, CA 93901

Mahoney & Associates is pleased to present to the market 301 Main Street in Salinas CA. This iconic six-story property is located in the heart of downtown Salinas and just blocks away from the recently built +/- 100,000 square foot Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewery’s art deco styled restaurant, Alvarado on Main. Floors 2 – 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.

Basement ± 5,702 SF

First Floor ± 5,664 SF

First Floor Mezzanine ± 1,526 SF

Second - Sixth Floors ± 5,287 SF/Floor

 

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Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Ryan C. Edwards

Mahoney & Associates

broker
Josh Jones

Mahoney & Associates

broker
Patrick Stafford

Mahoney & Associates

Building Details

  • For Sale $13,950,000
  • Property Type Multi-Family
  • Property Size 39,327 SF
  • Units 50
  • Lot Size 6,200 SF
  • Cap Rate % 5.45
  • NOI / YR $760,275.00
  • Zoning MX
  • # of Floors 6
  • Building Class B
  • Year Built 1930
  • Year Renovated 2022
  • Date Updated Jul 10, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (95)
  • Transit Score ®

    Good Transit (50)
  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Salinas, CA
  • Neighborhood Laurel West
  • Zip Code 93901
  • Market Central Coast

Points of Interest

Central Gas

0.21 miles

Marathon

0.28 miles

Mobil

0.49 miles

Rotten Robbie

0.56 miles

Chevron

0.60 miles

76

0.75 miles

Shell

0.77 miles

Arco

0.85 miles

Tesla

1.28 miles

Parking Lot 3

0.64 miles

Hartnell Parking Garage

0.71 miles

Parking Lot 4

0.75 miles

Parking Lot 6

0.79 miles

Parking Lot 5

0.86 miles

Della-Rose Deli Parking

2.09 miles

General Parking

3.82 miles

Trailer Parking

3.88 miles

Parking Lot 59

7.61 miles

ARCO

1.46 miles

Ryder

1.73 miles

Enterprise

2.92 miles

Chevron

7.67 miles

Quick Quack Car Wash

8.17 miles

Eagle Restaurant

0.07 miles

La Fogata

0.09 miles

Rosita's Armory Cafe

0.10 miles

Golden Fish

0.10 miles

Cathay House

0.12 miles

Casa Sorrento Pizzeria

0.12 miles

First Awakenings

0.15 miles

Monterey Coast Brewing

0.16 miles

XL Grindhouse

0.22 miles

Lucky

1.06 miles

Star Market

1.26 miles

Nob Hill Foods

1.33 miles

Santa Fe

1.42 miles

Foods Co

1.60 miles

Vallarta

1.73 miles

LBC Salinas

1.89 miles

Grocery Outlet

2.25 miles

El Rey Market

2.35 miles

Monterey County Sheriff's Dept

0.27 miles

Salinas Valley Medical Clinic | PrimeCare

0.82 miles

CVS Pharmacy

1.00 miles

Central Coast Allergy & Asthma

1.05 miles

Salinas Valley Memorial Healthcare System

1.12 miles

Doctors on Duty

1.14 miles

Star Pharmacy & Gifts

1.24 miles

Fire Station

1.79 miles

Natividad Medical Center

1.98 miles

301 Main Street Listing Summary

  • What is the asking price at 301 Main Street?

    301 Main Street is currently listed for sale at Contact for pricing.

  • What is the total size of 301 Main Street?

    301 Main Street has a total of 39,327 square feet.

  • What is the year built for 301 Main Street?

    The year built for 301 Main Street is 1930.

Contact 301 Main Street
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