$3,988,000
For Sale

200 Monterey Avenue #1

Capitola, CA 95010
0.09 acres | #ML81972774
Listing OfficeColdwell Banker Realty
Browse 35 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

A once in a lifetime fantastic opportunity for anyone looking to invest in a prime commercial location with a rich history and multiple potential uses. Its proximity to the beach, ample private parking, and diverse mix of tenant spaces makes it quite attractive. The historical connection to Major League Baseball player Harry Hooper who, is a well-known figure in town adds an extra layer of charm and intrigue. With the possibility of converting the top floor back residential space, there's flexibility for different types of buyers, whether they're interested in continuing with commercial tenants or exploring the option of vacation rentals. The ocean, beach, and village views from the top floor only enhance its appeal. Overall, extremely unique and valuable property that offers both a solid investment opportunity and a chance to be a part of Capitola's vibrant community.This property had two apartments/residential in the past and this maybe an excellent opportunity to visit that use.

  • Property Details
      • Property SubtypeCommercialSale
      • CountySanta Cruz
      • Original List Price$4,800,000
      • MLS #ML81972774
      • MLS #ML81972774
      • Property TypePurchase
      • Taxes Annual$46,956
      • Cost3988000
      • Utility SourcePublic
      • Acres0.089
      • Year Built1927
      • Stories2

Location

Augie MendozaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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