Mixed-Use: 11575 Merritt Street, Castroville



For Sale
Asking Price:$495,000
APN: 030-255-007
Property Type: Mixed-Use: Residential/Industrial
Location: 11575 Merritt Street, Castroville
Land Area: 37,000 SF (+/-)
Zoning: LC-Z Light Commercial
Project Description: Bank Owned Property
Condition of Property: Sold
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. 
  1. Use Permit for a 2,845SF Auto Repair Shop
  2. 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.


Available PDFs
PDF Monterey County Bldg Services Extension to 3-16-10
PDF Environmental Health Dept File No FA0818863 - 11551 Merrritt Street
PDF Environmental Health Dept File No FA0918433 - 11551 Merritt Street
PDF Environmental Health Dept File No FA0821010 - 11551 Merritt Street
PDF Resolution ZA PLN050373 Expires Sept 27, 2009
PDF BP0728674 - Shop and Site Uprades
PDF For Sale Flyer
PDF Castroville Community Plan - Merritt St Corridor
PDF Preliminary Title Report
PDF Mty Cty Zoning Ord - Light Commercial.
PDF General Dev Plan and Combined Dev Permit
PDF JCP - Natural Hazard Report


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