$650,000
bedrooms
3
bathrooms
2
square feet
1,538
Acreage
-
Open Houses
-
year built
1917
Full Baths
-
Half Baths
-
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 | |
| Subdivision | - |
| County | Monterey |
| Elementary School | - |
| Middle School | - |
| High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: ML82038357
Listing agent:
Richard Morrison
Listing broker:
Coldwell Banker Realty
(831) 626-2221
Last update: Sunday, March 22 2026 at 4:13 p.m. EDT
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