$2,950,000
$3,330,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
1.5 Acres Lot
SOLD DATE : 12/28/2021
Key Details
Sold Price $2,950,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81855990
Sold Date 12/28/21
HOA Y/N No
Year Built 1930
Annual Tax Amount $39,262
Lot Size 1.501 Acres
Property Description
7.1+ % CAP RATE !! The Tyrolean Inn Village is a quaint country mixed use property located in the redwoods in the heart of Ben Lomond. The property is comprised of two commercial rentals (including "The Tyrolean Inn Restaurant", a charming old world restaurant serving authentic German food) and fourteen darling residential rental cottages of all shapes and sizes, spread out over the 1.5 acre commercially zoned property. Tenants love this property and are just a two minute walk away from shops, restaurants, bus lines and everything else that Ben Lomond has to offer. Please do not disturb restaurant business, employees or tenants.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Utilities Available Natural Gas Available
Roof Type Composition
Total Parking Spaces 35
Building
Water Public
Schools
School District Other
Others
Tax ID 07708104&05
Financing Conventional
Special Listing Condition Standard
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Bought with Chris Mitchell • Mitchell Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States