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.
This unique property offers a rare combination of commercial and residential potential, situated along the popular main drag of Scotts Valley Drive. Nestled along a charming creek, this property boasts a prominent retail building at the front and a converted residential building at the back, providing endless possibilities for your business ventures. Currently Ferrell's donuts operates in the front building and Paws To Play - Doggy Daycare operates in the rear building.
Scotts Valley is located in California. Scotts Valley, California has a population of 12,317. Scotts Valley is less family-centric than the surrounding county with 26.81% of the households containing married families with children. The county average for households married with children is 30.25%.
The median household income in Scotts Valley, California is $114,504. The median household income for the surrounding county is $96,093 compared to the national median of $69,021. The median age of people living in Scotts Valley is 46.3 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 36.1 inches per year, with 0 inches of snow per year.