821 Bay Ave, Capitola, CA 95010

$2,310,000
Sold Price
$2,310,000
List Price
$1,175,000
Closing Date
Sep 22, 2021
MLS#
ML81860773
Status
SOLD
Lot Size
8,364
Listing Area
Capitola
Year Built
1958

Property Description

Commercial Lot with Owner Operated Self-Serve Car Wash Facility. The facility is currently fenced off since being temporarily closed down for safety by the City of Capitola. Staff have stated they support its reopening once the roof structure is restored. This is a Prime Retail/Commercial Lot in terrific mid-county location with great exposure and high traffic counts, shadow anchored by Nob Hill and CVS, plus nearby shops and restaurants. Currently occupied by a self-serve car wash that had been operated by the property owners for the past 50+/- years. The property comes with the requisite water credits to either renovate and reopen as a car wash or full redevelopment. Zoning is C-C (Community Commercial), with potential for mixed-use retail or offices with residential units above. 73 foot frontage on Bay Ave x 115 deep, plus 10x115 easement. Average Traffic Count 11,749 Cars/Day (Oct 2016).

Additional Information

Acres
0.192
Age
63
Building Name
Nob Hill Center (Shadow Anchor)
Cooling System
None
Foundation
Concrete Slab, Foundation Pillars, Pillars / Posts / Piers, Steel Frame, Other
Garage Parking
Other
Heating System
No Heating
Lot Size
8,364
Neighborhood
Capitola
Other Utilities
Public Utilities
Present Use
Automotive, Other
Roof
Flat / Low Pitch, Metal
Sewer
Sewer - Public
Special Features
Parking
Zoning
C-C

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Datta Khalsa from Main Street Realtors

Selling Office: RCIP.

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