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.
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.
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.
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.
