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$ 2,075,000
$ 2,295,000 9.6%
Est. payment | /mo
$ 2,075,000
$ 2,295,000 9.6%
Est. payment | /mo
Key Details
Sold Price $2,075,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82008771
Sold Date 11/10/25
HOA Y/N No
Year Built 1973
Annual Tax Amount $29,400
Property Description
830 Bay Avenue is a fully occupied Spanish Revival office building built in 1973, featuring 7 suites (some combined), totaling approx. 6,180 SF. Each suite has separate gas and electric meters, with a shared water meter. Improvements include roof, deck, and structural work in 2018, and a parking lot slurry seal in 2015. The 24,960 SF parcel is zoned Community Commercial and includes 34 parking spaces, with 13 above code requirements suggest potential for further development or a lot split with added potential for use as storage yard Located near a gas station, hotel, office buildings, and a neighborhood shopping center, just a mile from Capitola Village. All tenants are on short-term gross leases. Summary GSI provided on MLS is based on Pro Forma market rents. With detailed breakdown of Pro Formas vs Existing Rent Roll and square footage breakdowns available in detailed Offering Memorandum.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning CC
Interior
Cooling None
Fireplace No
Exterior
Roof Type Tile
Total Parking Spaces 34
Building
Story 2
Water Public
Others
Tax ID 03601122000
Financing Conventional
Listed by Datta Khalsa Main Street Realtors
Bought with RECIP
Bought with RECIP
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Maryann Augustine
Broker-Owner | Lic# 01224089