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For Sale or Lease Giant Artichoke Restaurant 11261 Merritt St 3 726 pi² Commerce de détail Immeuble Castroville, CA 95012 2 689 952 $ CAD (721,94 $ CAD/pi²)



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Faits saillants de l'investissement
- Highly visible corner location at the gateway to Castroville
- Existing restaurant infrastructure in place
- Immediate exposure from Highway 156
- Ideal for restaurant, quick-service, franchise, drive-thru conversion, or redevelopment
Résumé de l'annonce
MOTIVATED SELLER – PRICE REDUCED BY $500,000!
THE GIANT ARTICHOKE – PRIME HIGHWAY COMMERCIAL RESTAURANT OPPORTUNITY FOR SALE AND/OR LEASE
For Sale: $1,899,000.00
For Lease: $9,500.00/month + NNN.
Rare opportunity to acquire the iconic Giant Artichoke restaurant property located at the primary entry corridor into Castroville, California, immediately visible from Highway 156. Positioned on a highly visible corner parcel with strong traffic exposure, the property offers exceptional potential for restaurant operators, owner-users, franchise concepts, or redevelopment investors.
The property consists of approximately 3,726 square feet plus an approximately 800 square foot enclosed patio situated on an 18,231 square foot commercial lot. The existing operator, a family member of ownership, is retiring and the property will be delivered vacant at closing, creating a unique opportunity for immediate repositioning or redevelopment without tenant complications.
The site benefits from excellent regional traffic flow connecting Highway 101, Monterey County, Santa Cruz County, and the Monterey Peninsula. Castroville’s reputation as a tourism and agricultural destination further enhances the visibility and branding potential of this strategic commercial location.
Property Highlights:
• Highly visible corner location at the gateway to Castroville
• Immediate exposure from Highway 156
• Approximately 18,231 SF commercial parcel
• Approximately 3,726 SF restaurant building
• Approximately 800 SF enclosed patio area
• Existing restaurant infrastructure in place
• Ample parking and strong accessibility
• Ideal for restaurant, quick-service, franchise, drive-thru conversion, or redevelopment
• Delivered vacant at close of escrow
• Rare owner-user or investment opportunity in Monterey County corridor
This is a unique opportunity to acquire one of Castroville’s best-known commercial restaurant locations with significant upside potential for repositioning, redevelopment, or continued food service use.
THE GIANT ARTICHOKE – PRIME HIGHWAY COMMERCIAL RESTAURANT OPPORTUNITY FOR SALE AND/OR LEASE
For Sale: $1,899,000.00
For Lease: $9,500.00/month + NNN.
Rare opportunity to acquire the iconic Giant Artichoke restaurant property located at the primary entry corridor into Castroville, California, immediately visible from Highway 156. Positioned on a highly visible corner parcel with strong traffic exposure, the property offers exceptional potential for restaurant operators, owner-users, franchise concepts, or redevelopment investors.
The property consists of approximately 3,726 square feet plus an approximately 800 square foot enclosed patio situated on an 18,231 square foot commercial lot. The existing operator, a family member of ownership, is retiring and the property will be delivered vacant at closing, creating a unique opportunity for immediate repositioning or redevelopment without tenant complications.
The site benefits from excellent regional traffic flow connecting Highway 101, Monterey County, Santa Cruz County, and the Monterey Peninsula. Castroville’s reputation as a tourism and agricultural destination further enhances the visibility and branding potential of this strategic commercial location.
Property Highlights:
• Highly visible corner location at the gateway to Castroville
• Immediate exposure from Highway 156
• Approximately 18,231 SF commercial parcel
• Approximately 3,726 SF restaurant building
• Approximately 800 SF enclosed patio area
• Existing restaurant infrastructure in place
• Ample parking and strong accessibility
• Ideal for restaurant, quick-service, franchise, drive-thru conversion, or redevelopment
• Delivered vacant at close of escrow
• Rare owner-user or investment opportunity in Monterey County corridor
This is a unique opportunity to acquire one of Castroville’s best-known commercial restaurant locations with significant upside potential for repositioning, redevelopment, or continued food service use.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
3 726 pi²
Classe d’immeuble
C
Année de construction
1973
Prix
2 689 952 $ CAD
Prix par pi²
721,94 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
0,42 AC
Zonage
CP - Commercial Pedestrian
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | 030-184-008-000 | Évaluation des bâtiments | 555 974 $ CAD |
| Évaluation du terrain | 320 745 $ CAD | Évaluation totale | 876 719 $ CAD |
Impôts fonciers
Numéro de lot
030-184-008-000
Évaluation du terrain
320 745 $ CAD
Évaluation des bâtiments
555 974 $ CAD
Évaluation totale
876 719 $ CAD
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For Sale or Lease Giant Artichoke Restaurant | 11261 Merritt St
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