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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

Listed by Strock Team • eXp Realty of California Inc, DRE#70010201

$2,295,000

Est. payment - /mo

7,665 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 7,665 sqft

Price per Sqft $299

MLS Listing ID ML82034824

Year Built 1989

Lot Size 0.385 Acres

Property Sub-Type Commercial Property

Property Description

Positioned just off Highway 17, this 7,665 sq ft office building offers a strong combination of steady income, flexibility, and long-term potential in one of Scotts Valleys most convenient commuting locations. Built in 1989 and well maintained, the property sits in the heart of the Scotts Valley business district with easy access to Silicon Valley, making it an attractive location for both local and over-the-hill tenants. The building is currently fully leased with 22 office suites on month-to-month agreements, generating approximately $13,265 per month in income. The short-term lease structure provides immediate cash flow while allowing a future owner the opportunity to adjust rents, reposition suites, or refine the tenant mix over time. In addition to the office suites, the property includes a ±2,000 sq ft mechanics garage, expanding the range of potential uses and tenant appeal. Twenty-two on-site parking spaces support daily operations, and owned solar helps offset operating expenses. A well-located Scotts Valley asset offering existing income today with flexibility for future growth in a consistently strong commercial corridor.

Location

State CA

County Santa Cruz

Area Scotts Valley

Zoning R

Interior

Heating Central Forced Air - Gas

Cooling Central AC

Exterior

Parking Features Off-Street Parking, Workshop in Garage

Garage Spaces 8.0

Utilities Available Public Utilities

Roof Type Flat / Low Pitch,Tile

Present Use Office

Building

Foundation Concrete Perimeter

Sewer Sewer - Public, Sewer Connected, Sewer in Street

Water Public

Others

Restrictions None

Tax ID 022-022-12-000

Security Features Security Alarm

Special Listing Condition Not Applicable

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971

5523 Scotts Valley DR Scotts Valley, CA 95066

Matt Cossell

Key Details

Location

Interior

Exterior

Building

Others