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.
Rarely available R&D/warehouse/light industrial/service space located right off major thoroughfare with close freeway access to Highway 17, 20 minutes to Los Gatos. High ceilings 18 to 24 feet in front of space; rear portion is 8 to 10 feet. 3-phase power. Two (2) 20 ft W x 14 ft H roll-up doors with grade level loading. ADA accessible restroom. Concrete floors. Building recently ;painted with new roof coating.
Vacant .41 acre parcel on prime Scotts Valley Drive with tremendous development and upside potential. Current C-S zoning allows for mixed use (commercial & residential), retail, office and business space, and more. Preliminary mock up for twelve 1-bedroom units and 2400 sq ft ground floor commercial. Previously approved for a mixed use development consisting of ground floor retail, second floor commercial office space, and third floor residential.
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.
The median home value in Scotts Valley, CA is $1,150,000. This is higher than the county median home value of $843,000. The national median home value is $219,700. The average price of homes sold in Scotts Valley, CA is $1,150,000. Approximately 69.94% of Scotts Valley homes are owned, compared to 26.77% rented, while 3.29% are vacant. Scotts Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Scotts Valley real estate agent to arrange a tour today!
Scotts Valley, California has a population of 11,892. Scotts Valley is more family-centric than the surrounding county with 39% of the households containing married families with children. The county average for households married with children is 32.46%.
The median household income in Scotts Valley, California is $101,404. The median household income for the surrounding county is $73,663 compared to the national median of $57,652. The median age of people living in Scotts Valley is 39.7 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 26.9 inches per year, with 0.1 inches of snow per year.