Santa Cruz CA Commercial for Sale

ADDITIONAL INFORMATION

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

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.

ADDITIONAL INFORMATION

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.