This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

943 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

PRICE REDUCTION! 10685 Merritt St

4,836 SF Retail Building Castroville, CA 95012 $2,267,952 CAD ($469 CAD/SF)

Mixed Use Properties California Castroville 10685 Merritt St, Castroville, CA 95012

Investment Highlights

  • Incredible opportunity to purchase real estate that includes the only cannabis license in Castroville.
  • Property includes 2 parcels which may be sold together or separately.
  • 10665 Merritt St. completely remodeled in 2014.
  • Abundant street parking and 20 shared spaces in private lot.

Executive Summary

SELLER FINANCING AVAILABLE!! Welcome to a rare opportunity to own a prime commercial property strategically located near the bustling intersection of California highways 1, 156, and 183 in Castroville, California. This strategically positioned property offers unparalleled access and visibility, serving as a gateway connecting the vibrant coastal communities of Monterey, Salinas, and Santa Cruz. Owners are willing to split the parcel as there are 2 APN's.

Attachments

10665 Merritt St Castroville April 2024

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,836 SF
Building Class
C
Year Built
1931
Price
$2,267,952 CAD
Price Per SF
$469 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Land Acres
0.33 AC
Zoning
CP, Community Plan - CP, Community Plan
Parking
20 Spaces (4.14 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Kaufman Law Center
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Mikes Smoke Shop
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • One Plant
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Kaufman Law Center Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Mikes Smoke Shop Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
One Plant Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
1 of 1
10685 Merritt St, Castroville, CA - aerial map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • 030-161-008-000
  • 030-161-012-000
 Total Assessment $911,928 CAD (2023)
Land Assessment $483,611 CAD (2023) Annual Taxes -$1 CAD ($0.00 CAD/SF)
Improvements Assessment $428,317 CAD (2023) Tax Year 2024

PROPERTY TAXES

Parcel Numbers
Multiple
  • 030-161-008-000
  • 030-161-012-000
Land Assessment
$483,611 CAD (2023)
Improvements Assessment
$428,317 CAD (2023)
Total Assessment
$911,928 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
(831) 646-1919 x109

  • Listing ID: 31049984

  • Date on Market: 2024-02-26

  • Last Updated:

  • Address: 10685 Merritt St, Castroville, CA 95012

The Retail Property at 10685 Merritt St, Castroville, CA 95012 is currently available For Sale. Contact Mahoney & Associates for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
10685 Merritt St, Castroville, CA for sale Building Photo- Image 1 of 7
IMG_7548 copy
10685 Merritt St, Castroville, CA for sale Building Photo- Image 2 of 7
DJI_20240126135935_0048_D
10685 Merritt St, Castroville, CA for sale Interior Photo- Image 3 of 7
IMG_7543
10685 Merritt St, Castroville, CA for sale Interior Photo- Image 4 of 7
IMG_7542
10685 Merritt St, Castroville, CA for sale Aerial- Image 5 of 7
DJI_20240126140327_0054_D
10685 Merritt St, Castroville, CA for sale Plat Map- Image 6 of 7
Screenshot 2024-02-26 at 11.37.08 AM

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

PRICE REDUCTION! | 10685 Merritt St
(831) 646-1919 x 109

PRICE REDUCTION! | 10685 Merritt St

1/2

Ian Jones

(831) 646-1919

x109

(831) 646-1919 x109

Peter Baird

(831) 646-1919

x110

(831) 646-1919 x110

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link