13300 Big Basin WayBoulder Creek, CA 95006

  • Turn key restaurants
  • 9,877 SF
For Sale
$2,900,000 View listing

Property Details for 13300 Big Basin Way

Year built
1916
Construction
WOOD
Lot size
0.63 AC
Property size (Sq ft)
9,877 SF
Zone code
C-2
Property type
Turn key restaurants
APN
081-083-02
APU
8108302

Description

This exceptional restaurant opportunity in Boulder Creek, CA, presents a unique blend of history and potential. Located at 13300 Big Basin Way, this 9,877 square foot property, built in 1916, sits on a generous 27,486 square foot lot (APN: 081-083-02). The main level boasts a fully equipped kitchen, expansive bar, cozy lounge with piano, spacious patio, and a large banquet room perfect for private events. Upstairs, eight additional rooms – including bedrooms, bathrooms, offices, a kitchenette, and a living room – offer versatile space for residential use, management, or rental income. This established restaurant has a long history of success in the vibrant Santa Cruz County community, offering a rare chance to acquire a turnkey operation with significant upside. The property's prime location and substantial size provide ample opportunity for expansion or adaptation to suit a variety of culinary concepts. This is a remarkable chance to own a piece of California history and a thriving business. Asking price: $2,900,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,334,208
    6.5%
    $6,770,038
    7%
    $6,286,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,942,081
    Geo Method
    $6,942,081
  • Alternative Use

    Use
    Valuation
    Residential
    $5,710,781
    Hospitality
    $5,231,044
    Educational
    $4,352,168
    Medical
    $4,501,846
    Retail
    $6,770,038

Location Insight

City
Boulder Creek
County
Santa Cruz
State
California
Latitude
37.1253
Longitude
-122.124
CBSA code
42100
CBSA name
SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,001
$892,416
$557,760
$1,450,176
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