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13350 W Park Ave 4,465 SF 75% Leased Office Building Boulder Creek, CA 95006 $1,660,288 CAD ($371.85 CAD/SF) 5.35% Cap Rate



INVESTMENT HIGHLIGHTS
- Updated HVAC and the Fire Sprinkler System
- Best Maintained Building in Town
- High Ceiling and Lot of Nature Light
EXECUTIVE SUMMARY
A stunning freestanding office building located in the charming town of Boulder Creek in San Lorenzo Valley, Santa Cruz County. Ideally situated on Highway 9, Adjacent to the fire department and directly across from the Boulder Creek Library, this well-maintained property features 8 office suites, 2 common-area bathrooms, 16 open parking spaces located behind the building and within the library lot, and a beautifully landscaped atrium courtyard with a central fountain. The building has been upgraded with a newer roof, fresh exterior paint, an updated HVAC system, and a fully compliant fire sprinkler system. It offers excellent street visibility and prominent signage. Currently, 4 stable tenants occupy 7 of the 8 offices. CA American Exterminators occupies 4 spaces, Attorney Daniel Blanchette occupies 1 space, and the other 2 spaces are occupied by massage therapists, 1 suite available for lease, or ideal for an owner-user seeking to occupy and invest in a desirable property in a great location.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,465 SF
Building Class
B
Year Built
1991
Price
$1,660,288 CAD
Price Per SF
$371.85 CAD
Cap Rate
5.35%
NOI
$88,894 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,233 SF
Slab To Slab
8’
Building FAR
0.26
Lot Size
0.39 AC
Zoning
PA - Professional and Administrative Offices
Parking
16 Spaces (3.58 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1A | 1,100 SF | Office | Spec Suite | Now |
1st Fl-Ste 1A
| Size |
| 1,100 SF |
| Space Use |
| Office |
| Condition |
| Spec Suite |
| Available |
| Now |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 1A
| Size | 1,100 SF |
| Space Use | Office |
| Condition | Spec Suite |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 082-221-52-000 | Total Assessment | $1,400,037 CAD (2025) |
| Land Assessment | $840,022 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $560,015 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
082-221-52-000
Land Assessment
$840,022 CAD (2025)
Improvements Assessment
$560,015 CAD (2025)
Total Assessment
$1,400,037 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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13350 W Park Ave
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