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Listed by Strock Team • eXp Realty of California Inc, DRE#70010201
$2,295,000
Est. payment /mo
7,665 SqFt
Active
5523 Scotts Valley DR Scotts Valley, CA 95066
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 7,665 sqft
Price per Sqft $299
MLS Listing ID ML82034824
Year Built 1989
Lot Size 0.385 Acres
Property Sub-Type Commercial Property
Property Description
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.
Location
State CA
County Santa Cruz
Area Scotts Valley
Zoning R
Interior
Heating Central Forced Air - Gas
Cooling Central AC
Exterior
Parking Features Off-Street Parking, Workshop in Garage
Garage Spaces 8.0
Utilities Available Public Utilities
Roof Type Flat / Low Pitch,Tile
Present Use Office
Building
Foundation Concrete Perimeter
Sewer Sewer - Public, Sewer Connected, Sewer in Street
Water Public
Others
Restrictions None
Tax ID 022-022-12-000
Security Features Security Alarm
Special Listing Condition Not Applicable
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