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Listed by Datta Khalsa • Main Street Realtors
$2,450,000
Est. payment /mo
6,141 SqFt
UPDATED:
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
Source MLSListings, Inc.
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
Parking Features Common Parking Area, Off-Street Parking, Parking Area, Uncovered Parking
Garage Spaces 34.0
Utilities Available Public Utilities
Roof Type Tile
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 036-011-22-000
Special Listing Condition Not Applicable
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