209-223 Castro St - Office FOR SALE


Mountain View, CA 94041
$12,000,000 USD
949-468-9441
209-223 Castro St, Mountain View, CA for Sale
$12,000,000 USD
Office - FOR SALE
1/10
null | 10.85% Cap Rate

Apr '25


209-223 Castro St
Mountain View, CA 94041


HIGHLIGHTS

  • Opportunity to Acquire a Jewel Box Mixed-Use Asset in the Heart of Downtown Mountain View
  • Demonstrated Commitment From Retail Tenancy with Immediate Upside Through Lease-Up Of Market Ready Vacancy

OVERVIEW

- Rare opportunity to acquire a mixed-use, jewel box asset in the heart of Downtown Mountain View - Strong in-place income from retail tenants with demonstrated commitment to the Property of over 11 years, on average - Immediate upside through lease-up of the market ready vacancy - Substantial capital investment by current ownership reducing future capital requirements for future investor - Ideal suite sizes to appeal to today's active tenant requirements - Transit-oriented location with walkable access to Caltrain, and located just minutes from the 101 and 280 Freeways - Surounded by a robust retail amenity base including local favorites Oren's Hummus, Eureka, Crepevine, among many more

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

10.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

215 Castro Street

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C3DRP, Santa Clara

APN/PARCEL ID

158-22-009

ASK ABOUT THIS PROPERTY

Brendan RaneyNewmarkMore Info
949-468-9441

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Brendan RaneyNewmarkMore Info
949-468-9441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.