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(626) 893-2817
Gilbert Garcia
830 Bay Avenue, Capitola, CA 95010
- $2,075,000
- Sold Price
- $2,075,000
- List Price
- $2,295,000
- Closing Date
- Nov 10, 2025
- Status
- CLOSED
- MLS#
- ML82008771
- Year Built
- 1973
- Lot Size
- 24,960
- Acres
- 0.57
- Days on Market
- 80
- Property Type
- Commercial
Property Description
830 Bay Avenue is a fully occupied Spanish Revival office building built in 1973, featuring 7 suites (some combined), totaling approx. 6,180 SF. Each suite has separate gas and electric meters, with a shared water meter. Improvements include roof, deck, and structural work in 2018, and a parking lot slurry seal in 2015. The 24,960 SF parcel is zoned Community Commercial and includes 34 parking spaces, with 13 above code requirements suggest potential for further development or a lot split with added potential for use as storage yard Located near a gas station, hotel, office buildings, and a neighborhood shopping center, just a mile from Capitola Village. All tenants are on short-term gross leases. Summary GSI provided on MLS is based on Pro Forma market rents. With detailed breakdown of Pro Formas vs Existing Rent Roll and square footage breakdowns available in detailed Offering Memorandum.
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Additional Information
- Taxes
- $29,400
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Tile
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $151,055
Listing courtesy of Listing Agent: Datta Khalsa (datta@mainstrealtors.com) from Listing Office: Main Street Realtors.
Listing sold by RECIP from
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.