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11221 Merritt Street, Castroville, CA 95012

Commercial property

11221 Merritt Street, Castroville, CA 95012 Sold April 2025 CRMLS
$1,150,000Sold April 2025

Listing Agent: Sean Griffin (DRE #01466508) · Listing Office: Agency One Real Estate · Contact: (831) 262-1955 · Bought with: Vanessa Tottino · Remax Property Experts · MLS #ML81999246 · Source: CRMLS

6,630
Building Sq Ft
18,450 sqft
Lot Size
1973
Year Built
MU-C
Zoning
Commercial property
Type

About this commercial property

Excellent investment opportunity to own a piece of the world famous Giant Artichoke building in historic Castroville! The 6694 sqft building is fully leased(business and some fixtures not included with sale) with stable long term tenants. The property offers a single story building with a dining area, kitchen area, deli area, cold storage and refrigeration units, produce stand and 3 private bathrooms. The expansive lots sits on approx 18,450 sqft of prime Merritt street frontage and is zoned Mixed Use which allows up to 30 units per acre for mixed use development. Priced at just under a 6% Cap Rate, this property has a ton of potential and value add possibilities for the right buyer!

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,150,000
Sold April 2025 · on market March 2025 · MLS #ML81999246 · Source: CRMLS
Listing Agent: Sean Griffin · Listing Office: Agency One Real Estate · Contact: (831) 262-1955 · Bought with: Vanessa Tottino · Remax Property Experts
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