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Kevin Kieffer

kevin@eastbaypro.com +1(925) 300-8000

Listed by Coldwell Banker Realty

$ 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 Detached

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

HOA Y/N No

Year Built 1917

Lot Size 6,206 Sqft

Property Sub-Type Detached

Source Datashare MLSListings

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

Interior

Heating Forced Air

Cooling None

Flooring Hardwood

Fireplaces Type Living Room

Fireplace Yes

Exterior

Private Pool false

Building

Lot Description Level

Story 1

Water Public

Architectural Style Craftsman

Schools

School District Salinas Union High, Salinas City Elementary

"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA, 94596, USA

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220 Pajaro Street Salinas, CA 93901