228 Castro St - Storefront Retail/Office FOR SALE


Mountain View, CA 94041- Downtown Mountain View
$12,000,000 USD
650-339-6818
228 Castro St, Mountain View, CA for Sale
$12,000,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 5% Cap Rate

228 Castro St
Mountain View, CA 94041
Downtown Mountain View


HIGHLIGHTS

  • Prime Downtown Location - High Foot Traffic & Strong Visibility
  • Seller Financing Available
  • Sale Leaseback
  • Established and Proven Tenant (20+ Years in Operation)
  • Full Kitchen Buildout
  • Nearby Public Transit

OVERVIEW

*Seller Financing Available* 228 Castro Street offers a rare investment opportunity in the heart of downtown Mountain View, Silicon Valley’s premier dining and entertainment corridor. The property benefits from exceptional visibility, heavy foot traffic, and proximity to major Silicon Valley tech employers such as Google, LinkedIn, and Microsoft. As home to the long-standing Monte Carlo Restaurant & Nightclub, the site sits at the center of a lively mix of restaurants, retail, and cultural attractions, supported by strong demographics and affluent professionals. With 20+ years of operation at this location, the current owner-users are offering a sale-leaseback, while they continue to operate the well-known establishment. Beyond its prime location, the site features an industrial kitchen, a spacious back area ideal for events or expansion, 3 bar areas, and an upstairs level that adds versatility for future use. Includes direct access to Caltrain and regional freeways, and surrounded by ongoing development, this property is ideally positioned for both current stability and long-term growth. Please reach out for the OM or more information: Diego Labutay diego.labutay@corcoranicon.com (650) 281-8877 Rachna Gandhi rachna.gandhi@corcoranicon.com (650) 339-6818

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seller Financing | 5% Cap | Prime Downtown

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,449 SF

ZONING

P(19)

APN/PARCEL ID

158-13-039

ASK ABOUT THIS PROPERTY

Rachna GandhiCatalyst Commercial PartnersMore Info
650-339-6818

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Rachna GandhiCatalyst Commercial PartnersMore Info
650-339-6818

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