Santa Cruz CA Commercial for Sale

ADDITIONAL INFORMATION

Pogonip Terrace, located at 140 Vernon St in Santa Cruz, is a well maintained property with historically high occupancy rates. Built in 1999, the 28 unit building is near open space with easy access to area highways (9, 1, 17), UC Santa Cruz, and Downtown Santa Cruz. The Santa Cruz rental market is impacted and there is constant demand for smaller units. The 27 SRO (Single Room Occupancy) units and the 1 one-bedroom unit are appealing to professionals and students alike. It is rare for a building of this size, especially one built in the last 25-years, to come on the market in Santa Cruz. Rents have continued to increase, with the latest SROs renting for $1,925 per month. There is upside to an investor by bringing up the remaining rents to the current market per the Rent Roll and Financial Analysis. The property is professionally managed by a long term manager whod like to continue. Four of the units are part of the Measure O (Affordable) program in the city of Cruz. The remainder of the units are market rate. This property is owned and operated by the original owners and is offered for sale for the first time in its 25 year history. Projected property tax based on list price.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

313 Raymond Street is a five-unit apartment in close proximity to Downtown Santa Cruz, Santa Cruz Wharf and the Santa Cruz Beach Boardwalk. The property has four (4) 1 Bedroom x 1 Bathroom units, and one (1) 2 Bedroom x 1 Bathroom unit. 313 Raymond Streets prime location makes this an exceptional opportunity for investors seeking appreciation and cash flow. Located less than a ~half mile away from Downtown Santa Cruz, tenants have easy access to the many shops, restaurants, cafes, and entertainment. Marketing Package available upon request.

ADDITIONAL INFORMATION

Meticulously maintained 9 unit property, 160 Park Place is a standout investment opportunity in the heart of Santa Cruz. The building features an ideal floorplan mix with 8 townhome style 1-bedroom/1-bath units with vaulted ceilings, and one studio, attracting a mix of stable, long-term tenants. Additionally, there are nine covered parking spaces and a large storage room with potential for conversion to an on-site income producing laundry area. Recent upgrades include a new roof, updated windows, termite fumigation, new exterior paint, and sewer lateral improvements. Each unit is 100% electric with separate meters, allowing tenants to pay for their own power while the owner covers trash and water as well as hot water through a central gas water heater. Ideally located just minutes from the beach and major commute routes, 160 Park Place enjoys an excellent walkability score. With many long-term tenants in place and an impressive income-to-expense ratio, this property is a robust addition to any investment portfolio. The current insurance partner is ready to provide coverage for the new owner. Complete marketing package, including financials, inspections, and disclosures available. Don't miss this exceptional chance to own a turn key high performing investment property. Est. 5% CAP

ADDITIONAL INFORMATION

Three Auto Supply businesses/locations are being sold together (Kelley's Service in Santa Cruz, Mid County Auto Supply in Capitola and Townsend's Auto Parts in Watsonville). Great Opportunity for these long-established businesses providing service in Santa Cruz County dating back to 1950. Current inventory valued at $2,600,000 is not included in the purchase price and is to be negotiated in addition to the asking price for the business.

ADDITIONAL INFORMATION

Three Auto Supply businesses/locations are being sold together (Kelley's Service in Santa Cruz, Mid County Auto Supply in Capitola and Townsend's Auto Parts in Watsonville). Great Opportunity for these long-established businesses providing service in Santa Cruz County dating back to 1950. Current inventory valued at $2,600,000 is not included in the purchase price and is to be negotiated in addition to the asking price for the business.

ADDITIONAL INFORMATION

This rarely available 1,100 sq. ft. office suite is perched on the second floor with captivating views overlooking vibrant downtown Santa Cruz. Situated just steps away from the finest coffee shops and restaurants in the county, this prime location offers seamless access to the energy and convenience of downtown life. It features: -Three private offices for focused work - A spacious open work area ideal for collaboration - A private restroom - Multiple storage closets to keep everything organized Tucked away from the bustle below, the suite offers unparalleled privacy and tranquility, creating a serene working environment. The space is impeccably maintained and move-in ready, presenting the perfect opportunity to establish or grow your business. The building itself showcases a striking mid-century design with excellent visibility, including prominent signage along one of Santa Cruzs most heavily trafficked streets. This is a rare opportunity to lease a sophisticated, turn-key office in one of Santa Cruzs most desirable commercial districts. Landlord pays for water. Tenant responsible for all other utilities.

ADDITIONAL INFORMATION

"The best of south Branciforte" near Oceanview, nearly into the heart of Seabright. This is a Five unit apartment with wonderful long time tenants. A relaxed oasis of calm living has a lovely community garden with bbq area & fruit trees. Terrific carport spaces for all units plus storage and laundry. Off street guest parking. New roof in 2005 and solar installed.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.

ADDITIONAL INFORMATION

Two-story downtown building located at the corner of Cedar and Elm. Building has approved plans to convert the upstairs to residential with retail or restaurant on the ground floor. A rarity in downtown Santa Cruz with 7 on-site parking spaces. Each level is 2,000 sf with a total of 4,000 sf of existing building. Parcel totals 6,750 sf.

ADDITIONAL INFORMATION

907 & 909 River Street, Santa Cruz, CA a rare development opportunity, or investment in a prime Community Commercial Zone. These two parcels together offer 8,721 square feet of land, perfect for a range of commercial or mixed-use projects. Currently occupied, please do not disturb tenants.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Welcome to an exceptional investment opportunity in the heart of downtown Santa Cruz! This property features 8 beautifully refurbished units, perfectly situated in a prime Grade A location. Just a short stroll from downtown, the beach, and a host of highly desirable amenities, this rental property promises convenience and charm. Each unit is private and secure, ensuring peace of mind for tenants. With a remarkable high tenant retention rate, these units are consistently in demand. Don't miss out on owning a piece of Santa Cruz's vibrant lifestyle and thriving rental market!

ADDITIONAL INFORMATION

You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.

ADDITIONAL INFORMATION

Endless possibilities! The prime commercial location is currently being used as a residential property. Private fenced yard with automatic gate, lots of off-street parking. CC Zoning allows many different commercial opportunities.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

123 Pearl Street is a quaint 9 unit building located on a quiet mostly single family neighborhood near the San Lorenzo river. This Property includes: (2) 2 Bedroom / 1 Bathroom Units, (5) 1 Bedroom / 1 Bathroom Units, and (2) Studios. The property features vaulted wood ceilings, a new roof in 2023, and fully upgraded electrical system. Most units boast upgraded flooring and granite counters with five of the units having dual entry. 123 Pearl St. is 3/5 of a mile to the Beach and Boardwalk (83 Walk Score & 99 Bike Score). Can be purchased separately or in combination with 409 2nd St (4 Units) and or 413-417 2nd St. (12 Units).

ADDITIONAL INFORMATION

413-417 2nd Street is a gorgeous collection of 12 spanish style cottages. The property includes: (8) 1 Bedroom / 1 Bathroom apartments and (4) Studios. The property features lush landscaping with 8 of the units individually framed not sharing a wall with any neighboring units. Multiple units have new roofs and tankless water heaters. The (Realist*) building square footage of 3,952 is incorrect. Independent square footage measurement is 5,680 square feet. Buyer to verify. 413-417 2nd St. shares a property line with 409 2nd St. They are less than ¼ mile to the Beach and Boardwalk (88 Walk Score & 97 Bike Score).

ADDITIONAL INFORMATION

Solid Brick 2-story building with basement built in 1990. Building has a history of great tenants. This upper floor office space has been leased by Farmers Insurance and they have done many upgrades to the space. The space features 2 private bathrooms, 2 private offices, a large conference room and a kitchen/breakroom space. This Upper Pacific Avenue Downtown location is right by the parking garage on Locust Street and walking distance to many Restaurants and Shops.

ADDITIONAL INFORMATION

Huge Price Reduction! Seller will pay 1st year property taxes at successful close of escrow!!Here is your next major investment opportunity, providing you with an excellent commercial vehicle for your financial future. Welcome to this wonderful Santa Cruz commercial treasure. Over 22,300 sq ft of available space with a multitude of amenities to satisfy a diverse tenant population. Medical personnel occupy spaces, and medical tenant improvements remain for the next group of practitioners. Legal and accounting professionals have residence here, and the entire facility provides both private suites and general meeting and conference rooms for clients. Each floor provides dual restroom facilities, and employee / client break areas are available . The 73 space parking asset is extraordinary for Santa Cruz and affords all tenants the availability of nearby parking for themselves, employees, and clients. There is an extended income history with this building, and it provides both an investor or owner / user opportunity for the future. A great diversity in suite sizes and flexibiity of use. Very easy access to downtown, freeways, or commercial facilities throughout Santa Cruz and surrounding areas. Motivated seller who will work with you through the purchase process. This is a winner.

ADDITIONAL INFORMATION

Single Tenant building currently occupied by an Upscale Salon in nice Midtown location.

ADDITIONAL INFORMATION

Newly Improved Price! AND, Seller will carry with 30% down at 6% interest only, with 7-10 year loan. 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 in prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola & 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 attached garage offering potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each with an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1,111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1,182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $278K as-is, with upside if you convert the 3 attached garages to add master suites, or do a 4-split + sell the back 3 houses to pay off the loan.

ADDITIONAL INFORMATION

Great opportunity to own a building in one of the most desirable areas in Santa Cruz on 41st Avenue. Tenant occupied, on-site parking, good condition and low maintenance.

ADDITIONAL INFORMATION

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.