$ 2,225,000
1105 Water ST Santa Cruz, CA 95062
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$ 2,225,000
Est. payment | /mo
5,290 SqFt
$ 2,225,000
Est. payment | /mo
5,290 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 5,290 sqft
Price per Sqft $420
MLS Listing ID ML81954832
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 East Santa Cruz
Zoning C-4 (Commercial)
Interior
Heating Gas
Cooling Multi-Zone
Exterior
Garage On Street, Parking Area
Utilities Available Garbage Collection, Individual Electric Meters
Roof Type Shingle,Other
Present Use Commercial
Building
Story 1
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 009-243-26-000
Security Features None
Special Listing Condition Not Applicable
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Listed by Jackie Copriviza • Sherman & Boone Realtors
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Kalani Stone
Agent | Lic# CalBRE: 01336392