| Comments: | REO - Bank Owned Property
- Appraised Sept 2006 for $975,000
- Listed Price $495,000
- Almost a 50% reduction
- Priced to Sell at only $13.38/SF
- New Comp Roof installed May 28, 2009
Improvements:
- Two-Story Residential Unit - 1,923+/- SF - 4 Bedroom plus 2 Bathrooms
- Shop - 2,760/- SF - (includes Mezz -324+/- SF, Office - 135+/- SF and Storage Shed - 189+/- SF
Proposed New Zoning per Castroville Community Plan: MU-C
Permitted Uses: Monterey County Zoning Administrator, Resolution No. 050373.
- Use Permit for a 2,845SF Auto Repair Shop
- Use Permit for a landscaping installation and supply business to include: 1,500SF landscaping and supply building, conversion of 2/3 of a three-car garage to a one-car garage and a 400SF landscaping business office and a 2,000SF retail landscaping outdoor sales area, and a 4,000SF landscape contracotr's yard.
DISCLOSURE: The historic industrial use of the property could have the potential for the presence of Hazardous Materials. Broker advises potential buiyers to perform appropriate investigations for buyer's review. |