$5,600,000

21 W Laurel Drive, Salinas CA, 93906

Price per sqft$125.88

Built in1974

Property size44,488 sqft

Property typeCommercial

Bought with Patrick Stafford with Baird Partnership, Inc. and Listed by Peter Baird CA DRE# 00533485 with Baird Partnership, Inc. 831-646-1919

Overview

Sold

Closed

Listed Oct 29, 2024

Updated Jun 19

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.Â 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.

Additional information

MLS^® ID: ML81985157

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 2.81 Acres

Other Property Details

Taxes: $74,210
Tax Frequency: Annually
Maintenance Expense: $69,641

Also listed on MLSLISTINGS

Bought with Patrick Stafford with Baird Partnership, Inc. and Listed by Peter Baird CA DRE# 00533485 with Baird Partnership, Inc. 831-646-1919

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:21 PM UTC Last Checked: 1:21 PM UTC