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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.

  • Year Built
    1930
  • Living Area
    40365.0
  • Interior Features
    Elevator
  • Cooling
    None
  • Heating
    Electric

  • Water
    Public

  • County
    Monterey
  • City
    Salinas
  • Zip Code
    93901

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Frequently Asked Questions

How do I schedule a tour of 301 Main St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 301 Main St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 301 Main St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $12,500,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Salinas, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 301 Main St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 301 Main St at around $71,134. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 301 Main St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monterey County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 301 Main St?

In most cases, yes. Whether 301 Main St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Salinas's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 301 Main St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Salinas and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $12,500,000 with 40,365 sqft of space—that comes out to approximately $310 per square foot.

How long has this property been on the market?

301 Main St was listed on May 04, 2026, which means it's been on the market for 195 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1930, making it approximately 96 years old.

Is 301 Main St still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 15, 2026 at 05:36PM.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.