830 Bay AVE Active

Capitola,CA 95010

$ 2450000

- Bed

- Bath

6141 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 6,141 sqft

Price per Sqft $398

MLS Listing ID ML82008771

Year Built 1973

Lot Size 0.573 Acres

Property Sub-Type Commercial Property

Property Description

830 Bay Avenue is a fully occupied Spanish Revival office building built in 1973, featuring 7 suites (some combined), totaling approx. 6,180 SF. Each suite has separate gas and electric meters, with a shared water meter. Improvements include roof, deck, and structural work in 2018, and a parking lot slurry seal in 2015. The 24,960 SF parcel is zoned Community Commercial and includes 34 parking spaces, with 13 above code requirements suggest potential for further development or a lot split with added potential for use as storage yard Located near a gas station, hotel, office buildings, and a neighborhood shopping center, just a mile from Capitola Village. All tenants are on short-term gross leases. Summary GSI provided on MLS is based on Pro Forma market rents. With detailed breakdown of Pro Formas vs Existing Rent Roll and square footage breakdowns available in detailed Offering Memorandum.

Location

State CA

County Santa Cruz

Area Capitola

Zoning CC

Interior

Heating Other

Cooling None

Flooring Carpet,Tile,Vinyl / Linoleum

Exterior

Exterior Feature Low Maintenance,Other

Parking Features Common Parking Area,Off-Street Parking,Parking Area,Uncovered Parking

Utilities Available Public Utilities

Roof Type Tile

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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