$2,225,000
( $420.60Per Sq Foot )
 $11,944 est/mo Sourced by Back At You

1105 Water Street , Santa Cruz, CA 95062

Santa Cruz, CA 95062

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Description

Sherman and Boone Real Estate proudly presents a fully leased commercial property situated at 1105 Water St. This property features two buildings on a single parcel, boasting a parking lot offering 12 spaces on-site + street parking as well as a Security System in place. Strategically located in Midtown, near Seabright Avenue and Downtown Santa Cruz, the property spans 5,290 square feet, ensuring optimal visibility and high traffic counts. The building is comprised of four great tenants, all who have recently renewed their lease agreements. Community Bridges, a longstanding tenant since 2009, occupies 2,000 square feet, while Habitat for Humanity utilizes 1,840 square feet. State Farm Insurance is in 800 square feet while Surf City Windows & Gutters occupies the remaining 650 square feet. Noteworthy is the property's minimal tenant turnover and the presence of a roof reserve fund, demonstrating prudent ownership. With its prime location and stable tenant base, this commercial property offers an exceptional investment opportunity in Santa Cruz's vibrant market.

Details

MLS#ML81954832
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1963
Days On Site214
Listing Provided BySherman & Boone Realtors 831-464-5050 | Jackie Copriviza

Features

SQ Feet5,290
Story(s)1
ZoningC-4 (Commercial)
Acreage0.27

Market Activity 95062

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySanta Cruz
CitySanta Cruz
Zip Code95062
Area699 Not Defined
Listing VS Median (in 95062)
Price:
$2,225,000
low | high
Med:
$1,299,500
91.595505617978% of Average
SqFt:
5,290
low | high
Med:
1,552
100% of Average
$ / SqFt:
$421
low | high
Med:
$857
53.658955565473% of Average
On Site:
214
low | high
Med:
495.500000
43.188698284561% of Average
Sourced by Back At You
Listing Updated: September 13, 2024 at 5:44:17 PM PDT
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