$ 4,998,000
10200 Tembladera ST Castroville, CA 95012
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,998,000
Est. payment /mo
Active Under Contract
10200 Tembladera ST Castroville, CA 95012
21,500 SqFt
UPDATED:
10/16/2024 01:12 PM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 21,500 sqft
Price per Sqft $232
MLS Listing ID ML81951308
HOA Y/N No
Year Built 1987
Lot Size 1.560 Acres
Acres 1.56
Property Description
PRICE REDUCTION! SELLER MOTIVATED! Tremendous opportunity on this 20-unit complex, while being able to add more as per owner! Also there is development potential, as this property consists of 4 APN's for a total of 1.56 acres. located walking distance to downtown Castroville, Mass Transit, local Restaurants, Schools, Medical as well as Shopping. Owner is currently renting out 20 units between two buildings, consisting of a 12,500 sf and 9,000 sf building, not to mention outdoor storage. According to the 2015-2023 County of Monterey Housing Element Update, APN 030-141-025 is listed as an underutilized site, with potential for 46 units on all 4 parcels (030-141-025,027,034,035). In the Castroville Community Plan VOLUME I, the property is listed Mixed-use (MU-C). The Mixed-use designation allows for residential development on the same site or in the same building as commercial uses. Residential uses are generally high-density multi-family which includes flats, condos, and townhomes. Lot next door available. ML81925123, as well as adjacent trailer park.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning MU-C
Interior
Heating Space Heater
Cooling None
Fireplace No
Exterior
Roof Type Flat
Present Use Commercial
Total Parking Spaces 45
Building
Water Public
Others
Tax ID 030141027000
Listed by Robert R. Fernandez • Atlas Premier Properties