$3,100,000
( $374.13Per Sq Foot )
 $16,641 est/mo Sourced by Back At You

6 S Wood Street,Salinas, CA 93905

Salinas, CA 93905

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Description

Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.

Details

MLS #ML82020072
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site373
Listing Provided ByeXp Realty of California Inc | Eddie Guajardo

Features

SQ Feet8,286
Story(s)2
Building(s)1
ZoningCR-FG5
Acreage0.36

Interior

CoolingWall Window Units
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition

Taxes

Property3958

Area Information

StateCA
CountyMonterey
CitySalinas
Zip Code93905
Area699 Not Defined
Sourced by Back At You

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StateCA
CountyMonterey
CitySalinas
Zip Code93905
Area699 Not Defined
Sourced by Back At You
Listing Updated: September 9, 2026 at 9:13:38 PM PDT