For Sale
$975,000

238 Capitol StSalinas, CA 93901

Prime location, mixed-use potential

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property at 238 Capitol Street in Salinas, CA, presents a unique investment opportunity. Situated directly across from the Monterey County Courthouse, this 0.15-acre lot boasts a total of approximately 3,400 square feet of improved space. The main structure is a meticulously maintained 1,700 square foot, five-bedroom house with a full basement. This building has served successfully as office space for over a decade, offering significant adaptability for a variety of commercial uses. Adding to its versatility, a separate building on the rear of the property includes two apartments, one measuring approximately 1,150 square feet and the other approximately 550 square feet. The property's prime downtown location offers unparalleled visibility and accessibility, making it ideal for a range of businesses. The existing structures provide immediate income potential, while the substantial lot size allows for future expansion or redevelopment. This property represents a rare chance to acquire a well-maintained, mixed-use asset in a thriving central location. The combination of established office space and rental apartments provides a strong foundation for immediate return on investment, with significant upside potential for future growth. This is a truly exceptional opportunity not to be missed. The property is offered at $975,000.

Property Details for 238 Capitol St

Property type
Square Feet
3,400 SF
Year Built
1925
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.67351
Longitude
-121.6605
238 Capitol St, Salinas, California

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238 Capitol St
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