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101 Capitola Ave
Capitola, CA 95010
Retail Property For Sale

PROPERTY FACTS
ABOUT 101 CAPITOLA AVE , CAPITOLA, CA 95010
Marcus & Millichap is pleased to present the exclusive listing for 101 Capitola Avenue located in Capitola, California. The property consists of approximately 1,536 square feet of building space and is situated on 0.02 acres of land. The property is subject to a month to month lease at $1,250 per month. This is an incredibly rare opportunity for an investor or owner/user to acquire a well positioned asset in the heart of the historic Capitola Village. This mixed-use building sits on the corner of Capitola Avenue and Monterey Avenue featuring great visibility and frontage. It is the first building seen while driving on Monterey Avenyue into the Village of Capitola toward Capitola Beach. Positioned one block from the beach, this property is a wonderful opportunity for a beach-loving individual to operate a business on the first floor, while living out of the upstairs unit for the ultimate Live/Work experience. It is hard to find a better location in the country to place capital than in Capitola Village real estate and for that this is also a spectacular opportunity for local or foreign investors. The location allows for high retail rents being on a main corridor of Capitola shops and restaurants. Coupling the high retail rents with an upstairs apartment/condo unit that has potential to be one of the best AirBnB rentals in all of Santa Cruz County creates a very enticing income producing property. This offering is an extremely attractive opportunity to place capital in a unique and highly sought after beach town location just outside the main hub of Silicon Valley. BUYERS TO DO THEIR OWN INVESTIGATIONS ABOUT THE SIZE AND ZONING OF THE PROPERTY PLEASE DO NOT DISTURB TENANTS
PROPERTY TAXES
| Parcel Number | 035-242-02-000 | Improvements Assessment | $334,656 |
| Land Assessment | $780,863 | Total Assessment | $1,115,519 |
PROPERTY TAXES
Listing ID: 12126972
Date on Market: 4/3/2018
Last Updated:
Address: 101 Capitola Ave, Capitola, CA 95010
The Retail Property at 101 Capitola Ave, Capitola, CA 95010 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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