CA > Salinas
Salinas, CA 93906,21 W Laurel DR
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Salinas, CA 93906,21 W Laurel DR
Salinas, CA 93906,21 W Laurel DR
Salinas, CA 93906,21 W Laurel DR
Salinas, CA 93906,21 W Laurel DR
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 6,300,000
Est. payment /mo
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Active Under Contract

21 W Laurel DR Salinas, CA 93906

2.81 Acres Lot

UPDATED:

12/05/2024 02:08 AM

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML81985157

HOA Y/N No

Year Built 1974

Annual Tax Amount $74,210

Lot Size 2.811 Acres

Property Description

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning Commercial Office/ *MX

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 163

Building

Story 2

Others

Tax ID 003271030

Security Features Security Guard

Acceptable Financing FHA

Listing Terms FHA

California Regional MLS (CRMLS)
Listed by Peter Baird • Baird Partnership, Inc.

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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