220 Pajaro ST, Salinas, CA 93901
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$ 750,000
Est. payment | /mo

3 Beds

2 Baths

1,538 SqFt


Save
$ 750,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,538 SqFt

Open House

Sat Jul 18, 12:00pm - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,538 sqft

Price per Sqft $487

MLS Listing ID ML82038357

Bedrooms 3

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1917

Lot Size 6,207 Sqft

Property Sub-Type Single Family Residence

Property Description

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 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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning Mixed Use

Interior

Heating Forced Air

Cooling None

Flooring Carpet, Wood

Fireplaces Type Living Room

Fireplace Yes

Exterior

Parking Features Uncovered

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Craftsman

New Construction No

Construction Status Fixer

Schools

Elementary Schools Roosevelt

High Schools Salinas

School District Other

Others

Tax ID 002231005000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ric Morrison Coldwell Banker Realty #00954251

NEARBY SCHOOLS & PROPERTIES

Tony English

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California 92677, United States

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220 Pajaro ST