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1129 Soquel Ave, Santa Cruz, CA 95062

Commercial property

1129 Soquel Ave, Santa Cruz, CA 95062 Sold April 2023 CRMLS
$1,400,000Sold April 2023

Listing Agent: Melva Gutierrez (DRE #01993342) · Listing Office: Emil Real Estate Services · Contact: 209-500-8589 · Bought with: Troy Hinds · David Lyng Real Estate · MLS #41014408 · Source: CRMLS

0.00%
Cap Rate
13,068 sqft
Lot Size
1920
Year Built
CC
Zoning
Commercial property
Type

About this commercial property

Great opportunity to own a property in downtown Santa Cruz! This mixed-use property comprises a 1,555 sq. ft. retail single-story building with three fully leased spaces—ample private parking located on the property. The City of Santa Cruz has approved drawings for a 1,804 sq. ft. restaurant featuring outside patio dining, two apartment units (A.) 1,142 sq. ft. (B.) 1,261 sq. ft. with a second-floor balcony. The drawings also include an Electric Vehicle Charging Station and a Bicycle Station in the parking lot. The buyer will need to pull permits. The seller is willing to negotiate a carry. Buyer to verify with City Planning Department for additional information. Please do not disturb tenants.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$1,400,000
Sold April 2023 · listed $1,595,000, on market November 2022 · MLS #41014408 · Source: CRMLS
Listing Agent: Melva Gutierrez · Listing Office: Emil Real Estate Services · Contact: 209-500-8589 · Bought with: Troy Hinds · David Lyng Real Estate
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