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Listed by Paul Zech, DRE #01965059 • Coldwell Banker Realty
$ 3,900,000
Est. payment /mo
Active
433 Ocean ST Santa Cruz, CA 95060
1,596 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $2,443
MLS Listing ID ML82030985
Year Built 1968
Lot Size 0.360 Acres
Property Sub-Type Commercial Property
Source MLSListings, Inc.
Property Description
Prime commercial opportunity on a 15,682 sq. ft. parcel in an outstanding location. The existing structure is approximately 1,600 sq. ft. and the site formerly operated as a service station. Underground tanks and impacted soil were removed and remediated, and Phase I & Phase II environmental assessments were completed at that time. This trophy property has seen concept plans over the years for a hotel, a new service station, and other potential uses, offering a compelling canvas for future development. In the meantime, the property generates strong rental income from six (6) different businesses, including a catering truck. Collect income while you plan your next project! Excellent upside and long-term potential.
Location
State CA
County Santa Cruz
Area East Santa Cruz
Zoning MUVS - Mixed Use Visitor Serving - High Density
Interior
Heating Space Heater
Cooling None
Exterior
Parking Features Enclosed, Off-Street Parking, Room for Oversized Vehicle, Unassigned Spaces, Uncovered Parking
Garage Spaces 15.0
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 005-941-12-000
Special Listing Condition Not Applicable
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