433 Ocean ST, Santa Cruz, CA 95060

$3,400,000

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Listed by Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: from

List Price
$3,400,000
MLS#
ML82054531
Status
ACTIVE
Property Type
Commercial
Class
Comm. Land Retail
City
Santa Cruz
Lot Size
15,682
Zip
95060
Listing Area
East Santa Cruz
Neighborhood
Central Santa Cruz

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

Development Status
Improvements - Other
Fence
Partial Fencing
Lot Description
Grade - Level
Lot Size
15,682
Neighborhood
East Santa Cruz
Other Utilities
Public Utilities
Parcel Access
City Street, Paved Road
Present Use
Food Service, Mixed, Service, Other
Sewer
Sewer Connected
View
City, View of Mountains, Ocean View
Water
Public
Zoning
zoned MU-VH: Mixed-Use

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