Scotts Valley, CA 95066,5435 Scotts Valley Drive
Listed by Lenny Gerthoffer • Blue Star Real Estate
$1,200,000
$1,350,000
11.1%
Est.Price: ?

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5,408 SqFt

5435 Scotts Valley Drive Scotts Valley, CA 95066

Est. payment /mo
SOLD DATE : 07/31/2024

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Key Details

Sold Price $1,200,000

Property Type Commercial Sale

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 5,408 sqft

Price per Sqft $221

MLS Listing ID ML81978550

Year Built 1979

Lot Size 0.338 Acres

Property Sub-Type Comm Ind For Sale

Property Description

Prime Commercial Property for Investment or Owner User. Located in the heart of Scotts Valley, this attractive two-story commercial building offers 5,404 square feet of versatile space. The previous owner has recently vacated, presenting a unique opportunity for you to customize the property to suit your needs. Key Features: Flexible Office Space: Five second-floor offices are now available for rent with the previous owner vacating, offering numerous possibilities for various uses. Tenant Opportunities: Current tenants are on a month-to-month basis, with several long-term tenants eager to sign new leases. Notably, rents have remained unchanged since 2017 in most cases. Ground Floor Apartment: An added bonus is a legal 400-square-foot one-bedroom apartment on the ground floor. Recent Upgrades: The building boasts a new roof, a new AC unit, and updated electrical systems, ensuring modern amenities and reduced maintenance costs. Ample Parking: With 22 parking spaces available, the property provides plenty of room for employees, clients, and visitors. This property offers a blend of convenience, functionality, and investment potential.

Location

State CA

County Santa Cruz

Building

Water Public

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Bay East Association of Realtors

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Peter Cheung

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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