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 investment.

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, or 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 strategic advantage is the opportunity to assemble with the adjacent parcel at 214 Pajaro Street, which is also available for purchase. While 220 Pajaro operates as a standalone mixed-use asset, combining the two properties creates a larger, more efficient development site—enhancing scale, design flexibility, and long-term value potential.

Assemblage opportunities in this constrained downtown corridor are limited and increasingly difficult to replicate. 220 Pajaro is well-suited for developers or owner-users seeking an income-producing asset with additional upside through repositioning or assemblage.

Pricing: Property is priced with consideration to its location, existing improvements, income opportunity, and assemblage value. Seller will prioritize qualified buyers with strong financial capacity and clean terms.