First time on Market- possibly two of the best parcels in downtown Santa Cruz located in area primed for redevelopment! Corner parcel with over 100 feet of frontage facing the Pacific Garden Mall, which is the main commercial and retail street in Santa Cruz. Additionally, you will find 100 feet of frontage on Laurel Street, which increases the development opportunity. Sale includes both parcels (801 AND 803 Pacific Ave) with nearly $225,000 of existing annual income. KEY FEATURES: Both Parcels in OPPORTUNITY ZONE Over 200 Feet of Street Frontage Hard Corner Parcel New Downtown Plan with upzoning Great Carrier Income Adjacent to Approved Mixed Use Project Within City's parking district, so parking requirements may be met offsite. Existing Tenant Mix includes 7 1 bedroom residential units and 4 commercial units. Commercial tenants include: Taqueria Jalapenos; Bonesios Liquor; and Pacific Gaming. PLEASE do not disturb tenants- thank you.
|LAST UPDATED||8/21/2019||YEAR BUILT||1957|
|COMMUNITY||West Santa Cruz||COUNTY||Santa Cruz|
|STATUS||Active||PROPERTY TYPE(S)||Multi Family|
|School District||Santa Cruz City High|
|AREA||West Santa Cruz|
|BASEMENT||Foundation: Concrete Perimeter and Slab|
|GARAGE||Varies by Unit|
|LOT||10411 sq ft|
|SEWER||Sewer: Sewer Connected|
|ZONING||New Downtown Plan- Commercial|
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 11/19/19 12:35 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2019 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2019.