$4,800,000
$5,149,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
1.31 Acres Lot
SOLD DATE : 03/10/2025
Key Details
Sold Price $4,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81954177
Sold Date 03/10/25
HOA Y/N No
Year Built 1981
Annual Tax Amount $62,590
Lot Size 1.310 Acres
Property Description
A fantastic opportunity to purchase a landmark commercial property on a busy corner on Scotts Valleys main artery. Comprising of two parcels totaling 1.31 acres with 2 buildings and a total 19,242 square feet of net leasable space. 7 units with a versatile mix of industrial, warehouse and potential retail space are a rare find and in high-demand. The property has an excellent tenant mix with established history of low tenant turnover and consistent rental income making this a great opportunity for an investor looking for a prize asset or an owner user with potential to expand over time. Great signage and visibility with high traffic counts. Easy access to commute routes, Santa Cruz, Silicon Valley and close proximity to restaurants shops and businesses.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Commercial
Interior
Fireplace No
Exterior
Present Use Commercial,Industrial
Total Parking Spaces 76
Building
Story 1
Water Public
Others
Tax ID 02204212000
Financing Cash
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Bought with RECIP
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