5435 Scotts Valley DR, Scotts Valley, CA 95066

$1,200,000

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Listed by Lenny Gerthoffer, 805-403-3630 from Blue Star Real Estate
(If provided) CoList: from

Sold listing courtesy of from

Sold Price
$1,200,000
List Price
$1,350,000
Closing Date
Jul 31, 2024
MLS#
ML81978550
Status
SOLD
Lot Size
14,723
Listing Area
Scotts Valley
Year Built
1979

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.

Additional Information

Acres
0.34
Age
45
Amenities
None
Cooling System
Central Forced Air - Gas
Days On Market
Unknown
Floor Covering
Laminate
Foundation
Concrete Slab
Garage Parking
Parking Area
Heating System
Central Forced Air
Lot Size
14,723
Neighborhood
Scotts Valley
Other Rooms
Other
Other Utilities
Garbage Collection, Master Meter, Public Utilities
Present Use
Office, Retail
Roof
Rolled Composition
Sewer
Sewer - Public
Zoning
Commercial

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