
Multi-Tenant Building
830 Bay Avenue is a fully-occupied office building built in 1973 in 7 suites, each with individual gas and electric meters on a single water meter. Style is Spanish Revival architecture with stucco exterior and tile roof. Recent improvements include updates to the decks, roof and structural repairs done in 2018, and a slurry seal was put on the parking lot in 2015.
Immediate neighboring uses include a Gas Station/Car Wash, Office Buildings and a Hotel, with a Neighborhood Shopping Center in close proximity. The property is also convenient to Capitola Village, a popular beach town tourist destination.
Some of the suites have been combined for larger tenants, while others exist in their original floorplan. A copy of the current rent roll including square footage breakdowns for each suite is attached here to summarizing the 7 tenancies, all with short-term Gross leases.
Total estimated area of the building is 6,180 SF on a 24,960 SF Parcel Zoned Community Commercial. The parcel is over-sized by 5,900 SF, with a total of 34 parking spaces on-site, compared to only 21 required under the 1:300 ratio for office use. This could indicate that additional development and/or lot split may be possible.



Capitola
Historic Capitola, California, is a charming seaside village that enchants visitors with its intimate coastal ambiance and colorful Mediterranean-inspired architecture. Known for its iconic Venetian-style village by the sea, Capitola boasts a vibrant esplanade lined with boutique shops and oceanfront cafes, creating a picturesque setting for leisurely strolls and al fresco dining. The whimsical Capitola Wharf extends into the glistening Monterey Bay, providing panoramic views and opportunities for fishing. The town's pristine beaches, including the popular Capitola Beach, offer a serene escape for sunbathing and water activities. With its annual Begonia Festival and distinctive Capitola Art & Wine Festival, the community embraces a lively cultural calendar. Capitola's small-town charm, artistic flair, and coastal allure make it a delightful coastal destination, appealing to those seeking a quaint retreat with a touch of seaside magic.