Property Details
About this Property
Mahoney and Associates, as exclusive advisor, is excited to present to the market the opportunity to purchase the Laurel Plaza Shopping Center (Laurel Plaza or the Property) in Salinas, California. Located at the signalized intersection of North Main and West Laurel, the Property includes three legal parcels and approximately 44,488 square feet of building. Built in 1972, the property has been zoned Commercial Office, but is in the process of being rezoned as part of a City of Salinas General Plan Amendment to Mixed Use (MX), which would allow retail uses at the Property. Laurel Plaza includes 60 leasable spaces, with 13 current vacancies and 18 month-to-month leases. This opportunity provides buyers the chance to implement their lease templates and raise rents to market rates immediately on over 50% of the spaces. Current uses include professional office, dental/medical, and personal services. ****Offers to be responded to by this Friday.
MLS Listing Information
MLS #
ML81985157
MLS Source
MLSListings, Inc.
Commercial Information
# Buildings / # Units
2 / 62
Parking Spaces
163
Present Use
Medical/Dental, Office
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Tar/Gravel
Foundation
Slab, Masonry Perimeter
Parking, School, and Other Information
Sewer
Public Sewer
Zoning
Commercial Office/ *MX
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 62 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
21 W Laurel Dr is a Commercial Sale in Salinas, CA 93906. This 44,488 square foot property sits on a 2.811 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,300,000 and was built in 1974. This address can also be written as 21 W Laurel Dr, Salinas, CA 93906.
©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 08, 2024. For the most current information, please contact Peter Baird, (831) 646-1919
