$1,790,000
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5,325 SqFt
SOLD DATE : 09/17/2017
Key Details
Sold Price $1,790,000
Property Type Commercial/Industrial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 5,325 sqft
Price per Sqft $336
MLS Listing ID ML81669931
Year Built 1959
Lot Size 7,383 Sqft
Property Description
One-of-a-kind opportunity to own a retail/office building on two parcels, located in the heart of vibrant Santa Cruz downtown retail district one block off Pacific Ave. location. Cedar Street is a prime, high traffic area with great street visibility making it the ideal location. The lot size is 7,383 SQ FT. The highest and best use for this property, is to develop a multi-story building at or close to the maximum, allowable density including a full second and third level. most likely a retail service oriented use on level one and an office use or retail service, requiring less exposure or traffic, or residential on level two or three. This use would be complementary to the area, surrounding properties and takes advantage of the frontage and exposure on Cedar Street. Join the fast growing, downtown business community, with 150+ stores and restaurants as well as successful businesses! Located just blocks from world famous Santa Cruz beaches, this is a popular tourist destination.
Location
State CA
County Santa Cruz
Zoning CBD
Interior
Heating Central Forced Air - Gas
Cooling Central Forced Air - Gas
Flooring Carpet, Concrete
Exterior
Parking Features Common Parking Area, Off-Street Parking, On Street, Parking Area, Uncovered Parking
Garage Spaces 4.0
Utilities Available Generator, Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
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Bought with Datta Khalsa • S2084
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