130 Grove Street, Boulder Creek, CA 95006
Corner commercial space with parking plus residential units above for owner-users and investors.
- Added:
- May 29, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 3:07 am
Property Features for 130 Grove Street
General Information
- Standard status
- Active
- Size
- 3,624 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 2026
Listing agent Jayson Madani License #01431948
Listing office Room Real Estate Santa Cruz (831) 234-6683
Listing date May 29, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Room Real Estate Santa Cruz
HighLights
- Newly built mixed‑use building at 130 Grove St, built in 2026
- Ground‑floor commercial space on a corner lot with ample on‑site parking for tenants and residents
- Residential units above the commercial space
- Four separate APNs offered for sale in its entirety or as individual units
Overview
The commercial space is located on a prominent corner lot with ample on-site parking serving both commercial tenants and residents. The property is marketed as benefiting from significant daily vehicle traffic, and the ground-floor use is described as being suitable for a range of business uses permitted under mixed-use zoning.
For buyers considering an owner-user or small business scenario, the combination of street-level space and income from the units above can simplify operations. For investors, the separate APNs provide potential customization across the mix of commercial and residential components while retaining the convenience of a single, purpose-built property at 130 Grove Street, Boulder Creek.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $217.4k | $60.00 |
| − Vacancy | −$10.2k | −$2.82 |
| EGI | $207.2k | $57.18 |
| − OpEx | −$62.2k | −$17.15 |
| NOI | $145.1k | $40.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boulder Creek
- County
- Santa Cruz
- State
- California
- Longitude
- -122.1202175
- Latitude
- 37.1178052
