908 Main StSalinas, CA 93901

  • Retail properties
  • 5,388 SF
For Lease

Property Details for 908 Main St

Year built
1965
Construction
TILT-UP CONCRETE
Lot size
0.14 AC
Property size (Sq ft)
5,388 SF
Property type
Retail properties
Property subtype
Retail space
APN
002-542-010-000
APU
2542010000

Description

This exceptional property at 908 & 908 1/2 S. Main St., Salinas, CA 93901, offers two renovated suites ideal for creative office or retail use. Located in Valley Center Plaza, the buildings boast excellent visibility and signage, directly across from Pastabilities Restaurant. Each of the two single-tenant buildings features approximately 2,477 and 2,825 square feet respectively, and benefits from ample on-site parking. Recent upgrades include new HVAC systems, remodeled bathrooms (including ADA-compliant facilities in each suite), new LED lighting, a new roof, and fresh paint throughout. The property is zoned MX (Mixed Use), providing flexibility for a variety of businesses. Lease rates are available upon request. This is a rare opportunity to secure high-quality, renovated space in a desirable Salinas location. The buildings are situated in a vibrant area with high foot traffic and excellent access to major transportation routes. The modern amenities and prime location make this an attractive option for businesses seeking a functional and stylish workspace. Don't miss this chance to establish your business in this thriving commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,371,826
    6.5%
    $2,189,378
    7%
    $2,032,994
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,786,973
    Geo Method
    $3,786,973
  • Alternative Use

    Use
    Valuation
    Residential
    $1,846,822
    Hospitality
    $1,691,679
    Educational
    $1,407,457
    Medical
    $1,455,862
    Retail
    $2,189,378
908 Main St, Salinas, California

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.6641
Longitude
-121.658
CBSA code
41500
CBSA name
SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,887
$92,975
$231,756
$324,731
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-
-
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