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The Colonial Building 501 N Santa Cruz Ave 4,065 SF 94% Leased Retail Building Los Gatos, CA 95030 $4,787,289 CAD ($1,177.68 CAD/SF) 4.65% Cap Rate

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EXECUTIVE SUMMARY

One of a kind multi-tenant mixed use leased investment property in downtown Los Gatos. Current owners have invested in a recent facelift to the exterior as well as undergone a tenant re-leasing and stabilization effort. Limited vacancy provides for some investment upside and also owner-user opportunity. Please call for additional information.

Colonial Building OM May 2025 FINAL

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

4,065 SF

Building Class

Year Built

1964

Price

$4,787,289 CAD

Price Per SF

$1,177.68 CAD

Cap Rate

4.65%

NOI

$222,631 CAD

Percent Leased

94%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.49

Lot Size

0.19 AC

Zoning

C-2 - ZONING ALLOWS MOST USES AUTOMATICALLY OR WITH A CUP. CENTRAL BUSINESS DISTRICT.

Parking

9 Spaces (2.21 Spaces per 1,000 SF Leased)

Frontage

50’ on N SANTA CRUZ AVENUE

Corner Lot
Fenced Lot

Signage
Signalized Intersection

Tenant Controlled HVAC
Monument Signage

Air Conditioning

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

B
225 SF
Office
-
Now

Excellent 2nd floor office space with views of the Santa Cruz Mountains. Perfect for small professional office use. Shared restrooms with 3 other suites. On site non-exclusive parking. Walk to all the downtown Los Gatos amenities.

D
275 SF
Office
-
30 Days

Great little office space with beautiful view of Los Gatos hillsides. Very quiet. Convenient to downtown with many amenities and services. Also could be personal service use or flex.