301 Main St

Salinas, CA 93901

$13,950,000
Price
—
Beds
—
Baths
40,365 Sq. Ft.
$346 / Sq. Ft.
40,365
Sq. Ft.
$346
per Sq. Ft.
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Description

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...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.
  1. Listed by Patrick Stafford • DRE #01857243 • Brokerage DRE #00533485 • Baird Partnership, Inc. • 831-238-3592
  2. Listed by Josh Jones • DRE #01352818 • Brokerage DRE #01352818 • Josh Jones, Broker

Property Details for 301 Main Street

MLS City Name
SALINAS
Building Type
Other
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 05/04/2026 02:50 PM

Property Details for 301 Main Street

StatusActive
MLS #ML82045778
Days on Compass2
Taxes$128,957 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1930
Lot Size0.14 AC / 6,200 SF
CountyMonterey County
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Location

Listing Courtesy of Baird Partnership, Inc., Patrick Stafford, DRE #01857243; Josh Jones, Broker, Josh Jones, DRE #01352818
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Building Information for 301 Main Street

Stories-Residences-Year Built1930Building Size-Lot Size0.14 AC / 6,200 SF

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$80,992 per month

30 year fixed, 6.46% Interest

Principal and Interest

$70,245

Property Taxes

$10,746

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 301 Main Street

Features
Features
  • Fireplace: No
  • Living SqFt: 40365
  • Pool: No
  • Security Features: Controlled / Secured Access
  • Special Features: Elevator / Lift
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: No Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 51
  • Area Text: SS
  • Restrictions: Other
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 301
  • Street Name: Main
  • Street Suffix: Street
  • Area ID: 72
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 40365
  • Structure SqFt Source: Assessor
  • Age: 96
Development Information
  • Zoning Detail: MX
Location Information
  • Parcel Number: 002-233-019-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93901
  • Elementary School District: 441
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 51
General Information
  • Annual Tax Amount: $128,957
  • Capitalization Rate: -.92
  • Tenant Expenses: Other
  • Income Includes: Laundry, Rents, Storage Area
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $128,957
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 10.53
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
Unit 2 Information
  • Unit 2 Approx Square Footage: 5000
Unit Type 1
  • Unit Type1 Approx SqFt: 400

Property History for 301 Main Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Listed (Active)

MLSListings #ML82045778

$13,950,000—
May 4, 2026

Listed (Active)

EBRD #ML82045778

$13,950,000—
Jan 1, 2025

Expired

EBRD #ML81953617

—
DateEvent & SourcePrice
05/04/2026

Listed (Active)

MLSListings #ML82045778

$13,950,000
05/04/2026

Listed (Active)

EBRD #ML82045778

$13,950,000
01/01/2025

Expired

EBRD #ML81953617

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 Main Street

Taxable ValueLand$3,641,400Additions$6,768,720Total$10,410,120
Tax Record2025$134,717 ($11,226 / month)
Home Facts
Baths11Total Finished SqFt40,365 SqFtAbove Grade Finished SqFt40,365 SqFtStories7Lot Size6,207 SqFtStyleOffice BuildingYear Built1930Year Renovated2002CountyMONTEREYAPN002-233-019-000Fireplace TypeHas Fireplace

Schools near 301 Main Street

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Laurel Wood Elementary School
Public - K to 6
Roosevelt Elementary School
Public - K to 6
Washington Middle School
Public - 7 to 8
Salinas High School
Public - 9 to 12
Rating
School
Distance
Laurel Wood Elementary School
PublicK to 6

Roosevelt Elementary School
PublicK to 6

Washington Middle School
Public7 to 8

Salinas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 301 Main Street, Salinas, CA 93901

301 Main Street is for sale in Salinas, CA 93901. This property was listed for sale on May 4, 2026 by Baird Partnership, Inc., it's currently listed at $13,950,000. It has been on the market for a total of 2 days and was last sold on November 5, 2024. This listing's school districts are Salinas Union High School District, Salinas City Elementary School District. Nearby schools include Laurel Wood Elementary School, Roosevelt Elementary School and Washington Middle School. 301 Main Street is a 0-bed, 0-bath, 40,365 sqft built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird Partnership, Inc., Patrick Stafford, DRE #01857243; Josh Jones, Broker, Josh Jones, DRE #01352818

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.