Millman Team Real Estate

$750,000
3 Bed
2 Bath
1,538 Sqft
0.14 Acre Lot

220 Pajaro Street, Salinas, California 93901

  • Residential Property Type
  • 1,538 Sqft Square Footage
  • Uncovered Cars Garage
  • 1917 Year Built
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.

Basic Details
Residential
For Sale
ML82038357
$750,000
Neighborhood
3
2
1,538 Sqft
1917
0.14 Acre
Active
2
Single Family Residence
: Composition
Features
: Forced Air
: None
: Living Room
: Uncovered
: Craftsman
: Carpet, Wood
: Public Sewer
$0
Address Map
CA
Monterey
Salinas
93901
Pajaro
220
Street
W122° 20' 48.6''
N36° 40' 30.7''
Alisal Street to Pajaro. Property is on Pajaro between Alisal Street and Gabilan Street. Cross Street: West Gabilan
699 - Not Defined
Mixed Use
Neighborhood
Roosevelt
Salinas
Other
Additional Information
$0
$0
$0
$0
$0
: Concrete Perimeter
: Level
2026-03-12
650000
1
: Public
Broker/Agent Information
Coldwell Banker Realty
Ric Morrison
Listing Information
ML5095550
ML39183
Active
2026-06-26T14:35:49Z
CRMLS
: Standard
2026-06-25T17:00:00Z
Agent info
Ray Millman
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