Remarks

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.

Details

MLS#: ML81990319
Price: $2,499,000

Style: Commercial Property
Sq Ft: 34188
Year Built: 1955

County: Monterey