Salinas CA Real Estate & Commercial for Sale

Rarely available Salinas 16-unit apartment complex. 9.64 GRM & a 6.31% cap rate with new Proposition 13 taxes. Unit mix is all 2-bed / 1 bath. Lots of positives: 1983 construction, most of the wood siding replaced in the last 3 years, deck replacement & repairs last 4 years, SB721 clearance, exterior repainted, complex-owned laundry equipment, and Jeld-Wen vinyl windows. Interiors have remodeled the kitchens, installed new lighting, fans, and flooring, and installed new bathroom fixtures. Most units have a private deck, enclosed patio, some of which are quite spacious. There are two offices - one for management and one for ownership. The North Salinas location is close to shopping, amenities, Costco, Target, Safeway, banks, and many restaurants. Easy access to Highway 101 and may employment centers.

The Espinosa Ranch is located at the north end of the Salinas Valley in the Boronda-Espinosa Farming District. This area is approximately 5.5 miles west of the Monterey Bay and is characterized by its rolling topography, clay loam soils, and a cool coastal growing environment ideal for growing strawberries, lettuce, and many other vegetable crops that thrive under the summers coastal marine layer. The ranch has a gross acreage of 265 acres with 194 usable acres. The usable acreage is commercially farmed and divided into multiple blocks with the additional acreage available for possible expansion of 20+/- acres that have historically been farmed for artichokes, pumpkins and other single-season crops. Water is provided by the Castroville Seawater Intrusion Project (CSIP) and distributed by high pressure PVC lines. While the ranch is currently farmed for strawberries with a vegetable rotation, the lease runs through the 2026 season with an opportunity for an owner-grower for the 2027 growing season. The property is enrolled in a Farmland Security Zone Contract which provides significant tax benefits upon a sale.

Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.

This iconic six-story property is located in the heart of downtown Salinas and just blocks away from the Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewerys art deco styled restaurant, Alvarado on Main. Floors 2 - 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces located in the basement (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.

The Struby Ranch presents a rare opportunity to acquire 111.5+- acres in the Boronda-Espinosa Farming District just west of Salinas. Located at 30 San Jon Road, the property features approximately 92.68+- acres of actively farmed row crop ground well-suited for lettuces, leafy greens, strawberries, and other high-value coastal crops. The ranch offers a desirable mix of level to gently rolling topography with quality Antioch sandy loam soils and strong farming fundamentals. Building improvements include a 3 bed 2 bath residence, a 2 Bed 1 Bath residence and one uninhabitable residence, along with farm buildings, shop space, barns, and supporting agricultural infrastructure. The existing homes provide potential for additional rental income, employee housing, or owner-operator use. Irrigation water is supplied by an agricultural well. The farmland is currently leased under a net lease through 2028. The property is subject to a 20-year Williamson Act Contract and is Zoned Farmlands (F/40). Easy access from San Jon Road with close proximity to Highway 101, Salinas, and major agricultural operations throughout the Valley. A strong long-term investment opportunity for growers, investors, and legacy agricultural ownership.

Situated on a combined 0.616 acres of land, the subject property features a gross rentable area of approximately 15,985 square feet, offering tenants spacious twobedroom floor plans. Tenants also enjoy convenient amenities such as on-site laundry and private covered parking. 948 Lupin Dr in Salinas, CA sits in a well-positioned North Salinas neighborhood with convenient access to everyday lifestyle amenities and major transportation corridors, making it an attractive multifamily asset. Residents enjoy close-by shopping centers such as Sherwood Gardens and East Laurel Square, local dining options, and essential services within a short drive, while parks and regional recreation like Fort Ord National Monument and Marina State Beach are easily accessible for outdoor activities. Additionally, the growing active transportation network of bikeways and sidewalks enhances walkability and access to community destinations, supporting a balanced urban lifestyle for tenants. The investment appeal of this asset is driven by Salinas' strong employment fundamentals and low vacancy levels.

Fantastic opportunity to own this 3770 sqft office building with approx 800 sqft basement(not included in sqft) in great downtown location in South Salinas. The building is split into two units with one tenant using approx 1500 sqft of space and paying $1950 per month. The other side is approx 2270sqft(with 800sqft basement) and will be delivered vacant for a perfect owner-user opportunity. The larger unit has multiple private office spaces, a conference room, kitchen area, private bathroom, private outdoor courtyard and plenty of storage areas. The smaller unit has beautiful hardwood flooring, kitchen, private bathroom and storage room. The overall condition of the building is good with updates in recent years including new roof, new windows, new flooring and new paint. This is a great opportunity for an owner/user or as a solid cash flowing investment by renting out both sides. There are 12 parking spaces on site and on street parking located nearby. Located near the heart of downtown Salinas and walking distance to shops and restaurants. Over 1000+ cars per day pass by this property. If you are looking for a great investment opportunity you've just found it!

Great opportunity to own a Commercial parcel sitting on 1.21 acres and consists of two large buildings with a total square footage of 15,028. Property originally was built and used by Salinas Steel Erectors and then was sold to current owner and used as a forklift company ever since. There are four meters on the property with two being in current service. Possible division of building to create more rentals.There are lots of open spaces and several offices along with five large roll up doors. Tall ceilings create endless opportunities. There are three bathrooms, one in the building to the right and two for the one on the left. Metal roofing with some roofing replaced in recent past. Unique opportunity to own a large property in the heart of Salinas commercial / industrial area.

The Somavia Ranch is a prime, agricultural property in the heart of the Salinas Valley between Salinas and Gonzales. This 66-acre ranch is located within an excellent water resource area that is regarded by local farmers as having a higher-than-average aquifer recharge rate as compared to other areas in the valley. Fertile loam soils are irrigated by one irrigation well that produces approximately 767 gallons per minute and a well pump equipped with a 100 hp motor. This is an excellent opportunity to purchase a prime piece of Salinas Valley farmland!

Mixed-use opportunity in the Pajaro Street corridor of downtown Salinas. 214 Pajaro Street is currently being used as a parking lot and offers mixed use zoning potentially allowing a variety of potential uses including retail, office, or residential configurations. The property provides excellent street frontage exposure in addition to rear alley access. The property is in an active commercial area near restaurants, services, and government offices. The building offers a storefront presence along Pajaro Street with interior space suitable for a range of business or professional uses, while the zoning may also allow residential or live-work possibilities. Investors, owner-users, or those seeking a redevelopment opportunity may find the property appealing given its central location and visibility. An additional opportunity exists with the adjacent parcel at 220 Pajaro Street, which is also available for purchase, creating potential for expanded use or future development. Buyers are encouraged to investigate zoning, permitted uses, and development potential with the City of Salinas. A unique opportunity to acquire property in a growing downtown location with mixed-use potential.

Exceptional opportunity to acquire a fully improved agricultural/industrial property with significant power capacity and large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis cultivation or a wide range of other agricultural, industrial, or commercial ventures.

4 Commercial Buildings! 5400 plus sq ft building, situated on a 6680 plus sq ft lot, 1 Used as Dorthy's Place, 1 utilized for offices/storage, 1 used as a church/child care and storage. The Barber Shop needs your imagination. Located in an expanding area of South Salinas. Hurry!

Great location off Hwy 101 in Prunedale. The sale includes 3 Parcels consisting of 10030, 10050, and 10060 Reese Cir., present use Storage, 2 homes, and Retail Firewood. All Parcels are to be sold together approximately 2.04 Ac. combined. Zoned Light Industrial, this property has so much potential to build out to make this your dream business. Perfect for development or to live in one and rent out the additional space Parcel # 's 125-015-005-000,125-015-001-000, 125-015-005-000 are all included in the purchase.

Great opportunity to own 2 buildings, parking lot, and Billboard that is centrally located and close to highway 101 freeway access. There are many possibilities such as, lease out both buildings and parking lot, possibly an owner/user in one building and lease the other building/parking lot, and/or owner/user occupying both buildings and/or parking lot. Billboard lease is currently on a year to year basis with owner having option of terminating lease with 90 day notice. This property offers a variety of investment opportunities. 14 Front St. Salinas,CA. 93901 property consists of 2 buildings and attached parking lot, & billboard. Building access is off of C o m m i s s i o n St. 227 & 229 C o m m i s s i o n St. 227 Currently leased at $1,750 per month with rent increase to $3,500 beginning 8-1-26. 229 is currently vacant.

Prime Commercial Building located on Main Street in downtown Salinas. Retail Store Front. Two long term tenants. The main floor is 5,714 sq feet. The basement is 1,917 sq feet. The mezzanine is 1,063 sq feet. The total square footage is 8,712 (usable sq footage), Do Not Disturb Tenants. Two address - 350 and 354 Main Street. One APN.

Rare opportunity to acquire the Morton Mobile Home Park, a portfolio of six legal parcels in North Monterey County offered together. The property includes four single-family residences, six mobile homes, and an onsite management/office unit within a registered 7-space mobile home park (6 currently utilized). The units are well maintained and the property provides in-place income with additional upside through lease-up, rent stabilization, and reconstruction of a fire-damaged residence. Each parcel is legally separate and may be conveyed individually, offering long-term flexibility and potential exit strategies. Tenant-paid utilities and septic systems contribute to a low-expense operating profile. Located in a highly functional area with strong access to Highway 101, nearby services, and a favorable walkable environment supporting tenant convenience and demand. Onsite office space allows for active management. Tenants rights prevail. Do not disturb occupants.

231 Main St. is located in the heart of Downtown Salinas (an Opportunity Zone), as a high visibility, high traffic location that is ideally situated for a host of retail uses. The building is currently laid out as a two-tenant building, with a skincare and body spa occupying approximately 3,600 SF, and the remaining balance of the building SF 7,452 sqft being a large open space with high ceilings, skylights, and back of house storage. There are entrances on both Main St. and the public parking lot off of Monterey St. at the rear. At the rear section of the large open space there is another 2,736 sqft of office space on the 2nd floor that could be converted into apartment space with the passing of the Citys Adaptive Reuse Ordinance.

Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.

Are you still leasing in 2026? Own your own business property price includes two Parcel Numbers for 240 W. Market St. and 8 New Street. Rare Corner lot. With Ingress and Egress on W. Market and New Street. Property is located in one of Salinas major arterial thoroughfares In and Out of Salinas, providing very high business visibility and logistical location. This is an opportunity to have your business upfront and take advantage of the arterial thoroughfares to US Hwy 101, Monterey Peninsula and Santa Cruz County. Price Reduction for motivated buyer.

Martella Home Farm is a 20% Partnership Investment Opportunity. The farm has 66.28 Total Cultivated acres, and the family home is located in 4 separate parcel numbers. It is being offered at 20% ownership. The farm has been longtime leased by a local farmer, who has a current lease. Income is dispersed twice yearly.

Great opporunity here! Rare medical office condo is located near Natividad Medical Center in the Valle Verde Medical Condominium Assocation off Nativdad Road. Suite is a corner unit has great street exposure. 992 square feet. Open floor plan with bathroom. Well established medical center ideal for medical, medical dispensary, or administrative office. FOR SALE OR FOR LEASE

The Rouse Ridge Ranch is located in unincorporated North Salinas Valley and consists of approximately 262 beautiful slightly rolling agricultural acres. Situated in a prime location with farming of irrigated row crops, strawberries, blackberries & raspberries. This farmland has been maintained by the current lease holder, a grower for Driscoll. There are two highly productive wells, one located on each of 2 legal parcels with high pressure underground distribution lines. Each deep well produces approximately 1,200/1,400 GPM and both have concrete sanitary seals. Well maintained road infrastructure for harvesting and ideal access from Blackie Road which connects to Highway 101 with an easy haul over to 183 and HWY 1. Possible opportunity for development on Parcel 1, which is the eastern parcel and zoned Low Density Residential 2.5 acres per unit - Design Control District. There are some possible development sites with gentle meadow lands and vistas over to Fremont Peak. Property is not in the Williamson Act. Survey of entire property just completed and on file with Monterey County. Sellers have actively maintained all permits and conditions with County and State. Seller OK with 1031 exchange.