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Listed by Paul Zech • Coldwell Banker Realty
$ 3,400,000
Est. payment /mo
New
433 Ocean Street Santa Cruz, CA 95060
15,682 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 15,682 sqft
Price per Sqft $216
MLS Listing ID ML82054531
HOA Y/N No
Lot Size 0.360 Acres
Property Sub-Type Comm Lots and Land
Source Datashare MLSListings
Property Description
Iconic Ocean Street property sitting at the busy corners of Ocean St. and Soquel Ave. Property zoning: MUVS High Density (mixed use visitor serving). The property visibility and traffic volume at this intersection may be one of the highest in the city. 433 Ocean Street as it is today, serves (5) small businesses including mobile tenants such as catering truck and an RV storage parking fee in rear of property. The income is a plus while the new owner plans the future of this great location. Land-banking this is another thought as the ongoing developments in Santa Cruz will likely keep increasing the value. The property has so many opportunities that it could and should be. At one time there was a "76" gas station here. The tanks and cleanup required was completed. Entrepreneur & developers can look at this property and visualize what could work very well adding to the ongoing building renaissance occurring throughout Santa Cruz today and for the future. We currently have a fair number of commercial properties both on and off market. This property is generating a monthly income that could continue while the buyer goes through the development process. Rare commercial lot available, two ingress/egress one from Ocean St. and from Soquel Ave; approx. 19,000 daily traffic count.
Location
State CA
County Santa Cruz
Interior
Fireplace No
Exterior
View City Lights, Mountain(s)
Building
Lot Description Level
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