CA > Castroville
Castroville, CA 95012,11221 Merritt ST
Castroville, CA 95012,11221 Merritt ST
Castroville, CA 95012,11221 Merritt ST
$1,150,000
$1,150,000
Est. payment /mo
0.42 Acres Lot
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UPDATED:

Key Details

Sold Price $1,150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81999246

Sold Date 04/07/25

HOA Y/N No

Year Built 1973

Annual Tax Amount $13,800

Lot Size 0.424 Acres

Property Description

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!

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning MU-C

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Roof Type Tar/Gravel

Present Use Commercial

Total Parking Spaces 26

Building

Story 1

Water Public

Others

Tax ID 030184009000

Financing Seller Financing

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California Regional MLS (CRMLS)
Listed by Sean Griffin • Agency One Real Estate
Bought with Vanessa Tottino • Remax Property Experts
agent-avatar

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

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11221 Merritt ST

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