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Investment Highlights
- Located near Soquel Village with convenient access to neighborhood services and amenities.
Executive Summary
A Stylish Classic, Primed for Mixed-Use Residential Addition/Possible Live-Work Space. Existing improvements 3-Suite Office Building with common lobby, kitchenette and restroom in classic Spanish Revival "Hollywood Bungalow" style, newly renovated with an in-place tenant paying $3,200/mo occupying all 3 suites. There is also a detached 400 SF storage building, plus a 20'x50' easement in perpetuity with room for oversize vehicle parking at the rear of property. A full permit package has been put together to replace the existing ancillary structure with a new attached 900+- SF Warehouse/Garage wing with two 450+- SF Residential units above (pending final parking approval). Complete plans, engineering and supporting materials are available from the contractor who developed the concept with the possibility of hiring him to handle the permitting and construction, with an estimated completion date of less than 9 months. This is a rare opportunity to acquire a heritage property with excellent added mixed-use development potential, perfectly situated in the midst of the many parks, shops and restaurants of nearby Soquel Village and Main Street.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,352 SF
Building Class
B
Year Built
1936
Price
$950,731 CAD
Price Per SF
$703.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
952 SF
Building FAR
0.34
Lot Size
0.09 AC
Zoning
C-2-GH - Community Commercial
Parking
7 Spaces (5.18 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Storage Space
- Central Heating
- Natural Light
- Hardwood Floors
- Yard
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advantage Homes
- Construction
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advantage Homes | Construction | - | - | Lorem Ipsum | Jan 0000 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 030-142-13-000 | Improvements Assessment | $176,654 CAD |
| Land Assessment | $253,935 CAD | Total Assessment | $430,589 CAD |
Property Taxes
Parcel Number
030-142-13-000
Land Assessment
$253,935 CAD
Improvements Assessment
$176,654 CAD
Total Assessment
$430,589 CAD
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