433 Ocean Street, Santa Cruz, CA, CA 95060

$3,400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,400,000
Status
ACTIVE
MLS#
ML82054531
County
Santa Cruz
Zoning
zoned MU-VH: Mixed-Use
Lot Size (acres)
0.36
Days on Market
12
Property Type
Commercial

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.

Additional Information

Parcel Number
00594112000
Water
Public
School District
Other
High School
Santa Cruz

Listing courtesy of Listing Agent: Paul Zech (paul.zech@cbrealty.com) from Listing Office: Coldwell Banker Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.