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.
MLS #
ML81951308
MLS Source
MLSListings, Inc.
# Buildings / # Units
2 / 20
Parking Spaces
45
Present Use
Commercial
Utilities
Public Utilities, Water - Public
Cooling
None
Heating
Space Heater
Roof
Flat
Foundation
Slab
Water
Public
Zoning
MU-C
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 20 |
10200 Tembladera St is a Commercial Sale in Castroville, CA 95012. This 21,500 square foot property sits on a 1.56 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,998,000 and was built in 1987.
This address can also be written as 10200 Tembladera St, Castroville, CA 95012.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of November 28, 2024. For the most current information, please contact Robert R. Fernandez, (831) 206-2224