Castroville, CA 95012,10200 Tembladera Street
Listed by Robert R. Fernandez • Atlas Premier Properties
Bought with Robert R. Fernandez • Atlas Premier Properties

$4,998,000

$4,998,000

Est.Price: ?

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Est. payment /mo

21,500 SqFt


SOLD DATE : 10/22/2024

Key Details

Sold Price $4,998,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 21,500 sqft

Price per Sqft $232

MLS Listing ID ML81951308

Sold Date 10/22/24

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1987

Lot Size 1.560 Acres

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

Interior

Heating Space Heater

Fireplace No

Exterior

Parking Type Common

Building

Water Public

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