Prime Aptos commercial property, zoned C-1, presents a unique live/work opportunity. This 0.459-acre lot, located at 254 Center Ave, Aptos, CA 95003, boasts stunning ocean views and easy beach access to Seacliff State Beach. County approval allows for a mixed-use development, with up to 75% residential and 25% commercial space. Included are conceptual drawings (not blueprints) for a three-unit residential building on the upper floors, offering breathtaking sunsets and ocean views. The ground floor is ideal for a variety of commercial uses, such as a restaurant, retail store, or other businesses compatible with the neighborhood's character. The property's location is exceptional, surrounded by established businesses including restaurants like Manuel's, Pizza My Heart, The Mediterranean, and Casa Rossy, as well as Marianne's Ice Cream and the Sno White Diner nearby. This property offers significant potential for a developer or investor seeking a high-visibility location in a vibrant beach community. The buyer is responsible for verifying all zoning and development approvals. Asking price is $2,500,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$6,853,259
Hospitality
$6,277,548
Educational
$5,222,846
Medical
$5,402,468
Retail
$8,124,428
Location Insight
City
Aptos
County
Santa Cruz
State
California
Latitude
36.9747
Longitude
-121.911
CBSA code
42100
CBSA name
SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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