11241 Merritt Street CASTROVILLE, CA This beloved historic landmark is a solid investment. Leased through 2015. Retail/Commercial $895,000 Year Built Unspecified Sq Footage 6,550 Floors 0 Parking Unspecified Lot Size Unspecified Maint $0 per month border="1" width="350" height="262"> DescriptionDon't miss this rare opportunity to own a piece of one of the area??s most beloved landmarks, while also acquiring a solid property that is leased through 2015 with additional options in place to extend. At the offered price, it will pay out a solid Capitalization Rate of 6.4% and reflects a value of $152 per square foot, both indicating a strong return on investment. Interested parties are welcome to call or email for additional information. Property Features Commercial Building For SaleModified Net TermsLeased Through 20156550 SF Leased SpaceAdditional Options to Extend6.4% Cap Rate Additional Photos Photo 1Photo 2Photo 3Photo 4Photo 5Photo 6 Contact Info Datta KhalsaMain Street Realtors(831) 818-0181 For sale by agent/broker Equal Opportunity Housing
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