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.
MLS #
ML82038357
MLS Source
MLSListings, Inc.
Days on Site
18
Dining Room
No Formal Dining Room
Family Room
No Family Room
Fireplace
Living Room
Flooring
Carpet, Hardwood, Vinyl/Linoleum
Cooling
None
Heating
Central Forced Air - Gas, Forced Air
Roof
Composition
Foundation
Concrete Perimeter
Style
Craftsman
Garage/Parking
Garage: 0 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Sewer
Public Sewer
Water
Public
Zoning
Mixed Use
220 Pajaro St is a Single Family Residence in Salinas, CA 93901. This 1,538 square foot property sits on a 6,206 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $650,000 and was built in 1917. This address can also be written as 220 Pajaro St, Salinas, CA 93901.
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This listing information is up-to-date as of March 23, 2026. For the most current information, please contact Ric Morrison, (831) 809-3419