830 Bay Avenue
Capitola, CA 95010
0.57 acres | #ML82008771
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.
Property Details
- Property SubtypeCommercialSale
- CountySanta Cruz
- Original List Price$2,450,000
- MLS #ML82008771
- MLS #ML82008771
- Property TypePurchase
- Taxes Annual$29,400
- Cost2450000
- Utility SourcePublic
- Acres0.573
- Year Built1973
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Datta Khalsa (#ML153338)
Listing Office: Main Street Realtors (#ML35240)
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