$ 2,225,000
1105 Water ST Santa Cruz, CA 95062
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$ 2,225,000
Est. payment | /mo
0.27 Acres Lot
$ 2,225,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81954832
HOA Y/N No
Year Built 1963
Lot Size 0.268 Acres
Property Description
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.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-4 (Commercial)
Interior
Fireplace No
Exterior
Roof Type Other,Shingle
Present Use Commercial
Total Parking Spaces 12
Building
Story 1
Water Public
Others
Tax ID 00924326000
Listed by Jackie Copriviza • Sherman & Boone Realtors