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$ 2,295,000
Est. payment | /mo
0.38 Acres Lot
$ 2,295,000
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82034824
HOA Y/N No
Year Built 1989
Annual Tax Amount $28,687
Lot Size 0.385 Acres
Property Description
Positioned just off Highway 17, this 7,665 sq ft office building offers a strong combination of steady income, flexibility, and long-term potential in one of Scotts Valleys most convenient commuting locations. Built in 1989 and well maintained, the property sits in the heart of the Scotts Valley business district with easy access to Silicon Valley, making it an attractive location for both local and over-the-hill tenants. The building is currently fully leased with 22 office suites on month-to-month agreements, generating approximately $13,265 per month in income. The short-term lease structure provides immediate cash flow while allowing a future owner the opportunity to adjust rents, reposition suites, or refine the tenant mix over time. In addition to the office suites, the property includes a ±2,000 sq ft mechanics garage, expanding the range of potential uses and tenant appeal. Twenty-two on-site parking spaces support daily operations, and owned solar helps offset operating expenses. A well-located Scotts Valley asset offering existing income today with flexibility for future growth in a consistently strong commercial corridor.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning R
Interior
Cooling Central Air
Fireplace No
Exterior
Roof Type Flat,Tile
Total Parking Spaces 22
Building
Water Public
Others
Tax ID 02202212000
Listed by Strock Team eXp Realty of California Inc #70010201
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