$499,000
$595,000
16.1%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 11/20/2019
Key Details
Sold Price $499,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81749958
Sold Date 11/20/19
HOA Y/N No
Year Built 1948
Annual Tax Amount $7,600
Lot Size 0.293 Acres
Property Description
One of a kind investment opportunity! Freestanding restaurant building overlooking the beautiful year round creek with private parking lot. Located in the heart of downtown Boulder Creek. Currently occupied by a very successful Japanese restaurant with Sushi Bar & Grill. Main building extensively remodeled in 2012. Low maintenance building with many features and upgrades including: new engineered septic system 2012, new 30 year composition shingle roof in 2015, new central A/C in 2018, central alarm system, outside patio area w/views of the creek, 2 wheelchair accessible bathrooms, and a 9-car parking lot. Solid Tenant with long term lease and pre-set yearly increases. Cap Rate 5%. Possible partial owner financing. Cherish this perfect investment opportunity! Please do not disturb tenant. Buyer to verify square footage.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 9
Building
Story 1
Water Public
Others
Tax ID 08108108000
Financing Cash
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Bought with MaryBeth McLaughlin • Room Real Estate