$1,337,250
$1,500,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
2,221 Sqft Lot
SOLD DATE : 09/04/2020
Key Details
Sold Price $1,337,250
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81790160
Sold Date 09/04/20
HOA Y/N No
Year Built 1977
Annual Tax Amount $16,500
Lot Size 2,221 Sqft
Property Description
Central Capitola Village location, nestled among the unique shops, galleries, restaurants, seaside lodging and beautiful coastline. The first floor is a charming Italian restaurant with authentic decor, that brings in both high-season tourists and off-season locals. The restaurant features indoor and outdoor seating areas and a sit-down cocktail bar. The second floor has 2 residential units: a 1 bedroom / 1 bathroom apartment with a private balcony, and studio apartment. High foot traffic location, just a few minutes from the beach, great cap rate potential!
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning VC
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Roof Type Tar/Gravel
Present Use Residential
Building
Story 1
Water Public
Others
Tax ID 03518123000
Financing Cash
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Bought with Bjorn Berg • RHETT HUBBARD BROKER
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "