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10200 Tembladera Street, Castroville, CA 95012

Commercial property

10200 Tembladera Street, Castroville, CA 95012 Sold October 2024 CRMLS
$4,998,000Sold October 2024

Listing Agent: Robert R. Fernandez (DRE #01228317) · Listing Office: Atlas Premier Properties · Contact: (831) 999-8877 · Bought with: Robert R. Fernandez · Atlas Premier Properties · MLS #ML81951308 · Source: CRMLS

21,500
Building Sq Ft
67,954 sqft
Lot Size
1987
Year Built
MU-C
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$4,998,000
Sold October 2024 · orig. $5,125,000, on market January 2024 · MLS #ML81951308 · Source: CRMLS
Listing Agent: Robert R. Fernandez · Listing Office: Atlas Premier Properties · Contact: (831) 999-8877 · Bought with: Robert R. Fernandez · Atlas Premier Properties
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