Lease to Own
Listed By:
Jackie Copriviza with Sherman & Boone Realtors - 831-234-0462
Address
4170 Gross Ext. RD, Capitola, CA
Price
$ 3,330,000
Property Attributes
  • MLS#ML81955667
  • TypeContingent
  • CountySANTA CRUZ
  • CityCapitola
  • AreaCapitola
  • Zip95010
  • Style
  • Price$ 3,330,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6847
  • Lot Size0.458 Acres
Data Source:
MLSListings Inc.
Property Description

Sherman and Boone Real Estate proudly presents a fully leased commercial property situated at 4170 Gross Rd. Ext., offering a prime location behind Pizza My Heart on 41st Avenue, just off HWY 1. With a spacious 6,847 square feet building and recently re-stripped parking lot boasting 19 spaces plus two handicap spots, this property is a great investment opportunity. All four tenants have recently exercised their lease options or renewed their leases, ensuring stable rental income for prospective investors. Coast Auto Insurance, a longstanding tenant since 1987, occupies 2,167 SF. The HOPE Program utilizes 2,280 SF, while Solis Acupuncture occupies 1,600 SF, and The Hook Outlet occupies 800 SF. Additionally, the property includes a roof reserve fund, providing peace of mind to owners for maintenance and upkeep. Don't miss out on this attractive commercial property investment opportunity in a highly sought-after location.

Price History
2/28/2024 Listed $3,330,000

General Features

Heating Gas
Cooling Multi-Zone
Utilities Garbage Collection,Individual Electric Meters
Roof Shingle,Other
Water Public
Security Features None
Restrictions Other
Year Built 1979
Age 45
Property SubType Commercial Property
City Limits (Y/N) Yes
Zoning Text C-R (Regional Commercial)
Accessibility Parking
County Santa Cruz
Property Type Commercial/Industrial
Present Use Office,Service
Special Listing Conditions Not Applicable
Status Contingent
City CAPITOLA
MLS Area Capitola
Listing Agent State License 00894586

Exterior Features

Parking Features Common Parking Area
Parking Spaces 19
Lot Size Area 19950.00
Facilities Multi-Tenant Building
Maximum Lot Size 19950.00
Sewer/Septic Sewer - Public
Meters Master Electric,Master Gas,Separate Water
Foundation Details Concrete Perimeter and Slab
Building Area Total 6847
Lot Acres 0.4580
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 95010

Price
AVG $1.11M
$3.33M
Visits
AVG 83
71
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1979