Home | Monterey County | Salinas | 93906 | 21 W Laurel Dr
MLS: ML81985157 | Status: Sold | Price: $5,600,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 44,488 | 2.811 | 1974 |
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.
| Field | Value |
|---|---|
| MLS # | ML81985157 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Tar/Gravel |
| Foundation | Slab, Masonry Perimeter |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Zoning | Commercial Office/ *MX |
| Feature | Details |
|---|---|
| # Buildings / # Units | 2 / 62 |
| Parking Spaces | 163 |
| Present Use | Medical/Dental, Office |
Peter Baird
Baird Partnership, Inc.
License #: 00533485
Phone: (831) 646-1919
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 62 |
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This listing information is up-to-date as of February 02, 2026. For the most current information, please contact Peter Baird, (831) 646-1919.