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Listed by Paul Zech • Coldwell Banker Realty
$ 3,900,000
Est. payment /mo
Active
433 Ocean Street Santa Cruz, CA 95060
1,596 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $2,443
MLS Listing ID ML82030985
HOA Y/N No
Year Built 1968
Lot Size 0.360 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
Prime commercial opportunity on a 15,682 sq. ft. parcel in an outstanding location. The existing structure is approximately 1,600 sq. ft. and the site formerly operated as a service station. Underground tanks and impacted soil were removed and remediated, and Phase I & Phase II environmental assessments were completed at that time. This trophy property has seen concept plans over the years for a hotel, a new service station, and other potential uses, offering a compelling canvas for future development. In the meantime, the property generates strong rental income from six (6) different businesses, including a catering truck. Collect income while you plan your next project! Excellent upside and long-term potential.
Location
State CA
County Santa Cruz
Interior
Heating Space Heater
Fireplace No
Building
Water Public
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