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Investment Highlights

  • Highly visible corner property positioned at a major Los Gatos intersection, offering exceptional exposure and steady traffic flow
  • Flexible C-2 zoning that accommodates a wide range of retail and office uses, creating strong long-term adaptability for future tenancy
  • Established multi-tenant asset in a high-income Silicon Valley community with exceptional demographics and strong daytime population
  • Rare on-site parking lot that enhances customer convenience and supports tenant operations in a walkable downtown environment
  • Recently improved exterior with upgraded paving, new paint, refreshed signage, and interior tenant enhancements supporting ongoing stabilization
  • Stabilized investment with 95 percent occupancy and immediate income generation

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,065 SF
Building Class
C
Year Built
1964
Price
$4,727,914 CAD
Price Per SF
$1,163.08 CAD
Cap Rate
4.65%
NOI
$219,869 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

Amenities

  • 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.

Space Size Space Use Position Available
B 225 SF Office - Now
D 275 SF Office - 30 Days

B

Size
225 SF
Space Use
Office
Position
-
Available
Now

D

Size
275 SF
Space Use
Office
Position
-
Available
30 Days

B

Size 225 SF
Space Use Office
Position -
Available 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

Size 275 SF
Space Use Office
Position -
Available 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.

Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Safeway
Bank of America
Chase Bank
Charles Schwab
U.S. Bank
Pure Barre
Blue Bottle Coffee
Bank of Montreal
Vitality Bowls

Property Taxes

Property Taxes

Parcel Number
410-15-064
Land Assessment
$492,075 CAD
Improvements Assessment
$1,310,706 CAD
Total Assessment
$1,802,781 CAD
  • Listing ID: 33678139

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 501 N Santa Cruz Ave, Los Gatos, CA 95030

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