Prime Soquel Village Property on 2 legal parcels with long-term established tenant USPS offering stable income. The facility includes 9 parking spaces on-site, with 2 handicapped spots, an ADA access ramp, rear loading dock, dual pane windows, 3-phase power, brick exterior, and received $50,000+/- in major plumbing updates in March 2022. The building is listed in the County Records as 2952 SF on two APN's: Parcel 030-153-25 (the main parking lot parcel, which totals 4,922 SF.) and Parcel 030-153-26 (the primary building parcel, which totals 9,017 SF.) for combined total lot size of 13,939 SF. The current lease runs through August 31, 2025 at $65,422 GSI ($5,451.83 per month, or $1.95/SF) plus two 5-year options, with rent going to $71,964 in Sept 2025 ($5,997.02 per month, or $2.14/SF) and $79,160 in Sept 2030 ($6,596.72 per month, or $2.35/SF). The current lease only lists the building as having 2803 SF and references the 9,017 SF main parcel but not the parking lot parcel, and the property adjoins public parking. Mid-county location with high foot and car traffic to the front with the popular local shops and restaurants of Soquel Village, while also enjoying direct access to the tranquil picnic areas, creekside footpaths and walkways of the Heart of Soquel Park to the rear.
Paper Mill Plaza is a Multi-Tenant Professional Building in the heart of Soquel with ample parking and an excellent Tenant mix. Total of 11 units with 7 ground floor suites and 4 upstairs office suites. Rare opportunity!
Great investment property for passive income long term Tenants have 5 year lease except one tenant month to month Prime location Business are leased and not part of sale Please do not disturb tenants need to make appointment to view
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
Great Investment opportunity located in the heart of downtown Pajaro! Currently leased as a bar for over two decades, This commercial building was renovated in 1997 and features a commercial grade hood fan, countertops along with two commercial grade sinks. It has the potential to become a fully operational restaurant grade kitchen with minimal upgrades. Highly trafficked area with both high volume vehicle and pedestrian traffic. This commercial space has great visibility/signage for your next business opportunity!
Former home of Good Shepherd Catholic School and resting on 9+ acres in Santa Cruz, California, this 24,000 sq ft facility is ready for transitioning. Currently zoned PF (Public Facility) - some conditionally allowed uses may include affordable housing, schools, colleges, offices, clinics, laboratories, hospitals, nursing homes, residential care facilities, day care facilities. Good Shepherd School is outfitted with solar panels and consists of four modular buildings, gymnasium, kitchen, library, administrative offices, and a large sports/activity field. A commercial property of this size and centrally located near schools, shopping, and medical facilities is rarely available within the Monterey Bay area. Explore the possibility to reinvent this extraordinary opportunity into something that can benefit the communities in the surrounding areas. An ideal investor match.
Beach close, 20 Unit garden style apartments in 5 buildings on a huge, C1, lot w/ample parking. Great potential for future development. Large garden areas for tenants. Due its location and charm, there are long term stable tenants providing ease of mgmt. Property was originally a hotel, so the small units maximize the Owner's rent/sf. DO NOT DISTURB TENANTS! Showings with accepted offer ONLY! Call Listing Agent for additional information.
Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking on a prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola and picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with an adjacent garage that offers potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each of which has an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $300K as-is, with upside if you convert the garages and ADUs. Additional opportunities abound with a tentative map and TIC docs ready to file, and an adjoining parcel offered separately that is entitled for development of 21 units.
Gross building area is 16,860 SF. Onsite parking: 34 designated spaces/1 per 496 SF of GBA. Land area: 31,799 SF/.073 acres. Four buildings, multi-tenant property (12 total units). Average unit size is 1,405 SF. Dual access via Soquel Drive and Commercial Way. Frontage: 87 feet along Commercial Way; 103 feet along Soquel Drive. (Across from Dominican Hospital on Soquel Drive and Marshall's + REI on Commercial Way.) Foundation is Concrete slab. Basic construction is concrete block and wood frame. Roof is composition shingle and rubber membrane. Zoning is C-2/Community Commercial. Traffic count along Commercial Way /Soquel Drive is 22,541 per day. Property has mostly month to month tenants with under market rents. Large mostly flat parcel.
Great Opportunity! 5 UNITS!: 1) 2Bd./1Ba, 4) 1Bd/1Ba. This is an amazing site with 5 units, several have been updated, other units provide you the return on updating! All rented, very low vacancy. Good parking with Carport and back alley access. Short walk to eateries, Twin Lakes Beach, Harbor. Go home, park your car, and walk to everything! A truly special property,.! Perhaps you want to maintain a get -a-way place but like the income as well? Cash Flow, Location, Income!! Investors don't miss this one!
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.
These two parcels have significant development opportunities. This property is a prime investment opportunity because of the possible many uses and its zoning the City of Santa Cruz has shared with the seller. The location allows for no required parking on site. There are two parcels. One is 6,409 Sq Ft, and the other is 3,444 Sq Ft. Total approx. 9,853 Sq Ft. The current income is strong, and there is additional space inside and outside to generate more. Development insights provided by Santa Cruz City Planning & Zoning Dept. states Currently a minimum of 6 units would be permitted , two stories tall, quite possibly more units and height increase subject buyers plans. City also declares the site does qualify for low income housing and in that case, developer could possibly go to 5 stories tall and there is no maximum number of units. The seller and agents do not warranty what is written, and buyer due diligence is recommended.
An opportunity to own 21.78 acres of farmland in Santa Cruz with possible access at Highway 1 and Shaffer Road. This property offers convenient access to both urban amenities and the natural beauty of the surrounding countryside. Note that the following APN's are being offered together for a total of 213.86 acres: 059-091-101, 059-091-13, 059-091-14 and 059-091-15.
Rare 5 Unit Multi-Res opportunity on a large, 8,120 sq ft property, on a quiet street in the heart of all things Santa Cruz w/six off street private parking spaces in rear + on-street option. 2 separate buildings; Craftsman style SFR main residence in front, w/2BD/1BA, hardwood floors in the living/dining areas, w/traditional period inspired built-ins, creating a warm & welcoming space. Spacious kitchen, ample cabinetry, newer grout-free countertops, gas stove & convenient rear access to the common area courtyard w/coin-operated laundry room. Behind the detached 2 BD house, discover a 2-story 4-unit complex, 2 ground floor + 2 upstairs units w/private deck/balcony areas. Some upgraded baths w/newer shower doors & vanities, laminate flooring, kitchens w/white cabinetry, original tile counters, electric stoves & wall heaters. Coin-operated laundry for all residents & common water heater for the 4 plex. Whether you choose to reside in a unit or invest in the rental earnings of all five units, this property offers a unique opportunity to experience the best of Santa Cruz with a rare chance to invest in downtown. Close proximity to all amenities of downtown Pacific, Ocean & Front streets, The Beach & Boardwalk, as well as transportation, no car needed! Photos taken prior to tenants.
