Property summary
This exceptional retail property, located at 208 Monterey Ave in Capitola, CA 95010, presents a unique investment opportunity. The 900-square-foot building, constructed in 1955 and renovated in 2015, is situated in the heart of Capitola Village, offering high visibility on a major thoroughfare for both vehicular and pedestrian traffic. Currently configured as a single retail space, the property boasts large display windows, ideal for showcasing merchandise. The space is separately metered for electricity and features individual HVAC controls for optimal climate management, along with two bathrooms for tenant convenience. While currently designed for clothing retail, the layout allows for potential division into two separate units, catering to a wider range of retail uses. The property sits just two blocks from the beach and is conveniently located on the same block as the city's summer parking shuttle service, ensuring easy access for customers. The building is a two-story structure with a total of two suites. While there are no on-site parking spaces, the convenient location and proximity to the shuttle service mitigate this. The minimum divisible space is 220 square feet, with a maximum contiguous space of 900 square feet. The entire 900 square feet is currently vacant and ready for immediate occupancy. This property offers a rare chance to establish a thriving business in a highly desirable coastal location.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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