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Executive Summary
Prime Commercial, Inc. is pleased to offer 449 N. Santa Cruz Avenue for sale in Los Gatos, California. This freestanding former bank building was built in 1980 and has a desirable
location just north of Downtown Los Gatos. The oversized lot has 192 feet of frontage on busy Santa Cruz Avenue with a total area of 25,265 square feet. The property is currently
leased to a single tenant whose lease expires with no options on March 31, 2028 which provides a new owner options to re-tenant the building, or redevelop the property for an alternate use.
location just north of Downtown Los Gatos. The oversized lot has 192 feet of frontage on busy Santa Cruz Avenue with a total area of 25,265 square feet. The property is currently
leased to a single tenant whose lease expires with no options on March 31, 2028 which provides a new owner options to re-tenant the building, or redevelop the property for an alternate use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,160 SF
Building Class
C
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,580 SF
Building FAR
1.03
Lot Size
0.16 AC
Zoning
C2 LG - Central Business District
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $488,155 | |
| Land Assessment | $2,916,530 | Total Assessment | $3,404,685 |
Property Taxes
Parcel Numbers
Land Assessment
$2,916,530
Improvements Assessment
$488,155
Total Assessment
$3,404,685
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449 N Santa Cruz Ave
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