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217 Capitola Ave 3,345 SF 100% Leased Retail Building Capitola, CA 95010 $2,779,980 CAD ($831.09 CAD/SF)
INVESTMENT HIGHLIGHTS
- Location Exposure
EXECUTIVE SUMMARY
Prime Capitola Village Location. Building has 3 retail units, a residential unit and an office unit. The residential unit can be rented as a vacation rental. Per the City of Capitola the office unit could possibly be turned into a residential unit through the "ADU Conversion" Process. Retail leases are all bellow market so there is tremendous upside potential.
Contact Dennis Bol (831-818-9006) or Ken Cornell (831-588-1744) for more information.
Contact Dennis Bol (831-818-9006) or Ken Cornell (831-588-1744) for more information.
FINANCIAL SUMMARY (PRO FORMA - 2026) 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
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2026) 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 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,345 SF
Building Class
B
Year Built
1980
Price
$2,779,980 CAD
Price Per SF
$831.09 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.05 AC
Zoning
N/A
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 035-231-06-000 | Improvements Assessment | $484,760 CAD (2025) |
| Land Assessment | $58,432 CAD (2025) | Total Assessment | $543,192 CAD (2025) |
PROPERTY TAXES
Parcel Number
035-231-06-000
Land Assessment
$58,432 CAD (2025)
Improvements Assessment
$484,760 CAD (2025)
Total Assessment
$543,192 CAD (2025)
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MBI Real Estate
217 Capitola Ave
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