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$3,600,000
Est. payment /mo
0.6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82044696
HOA Y/N No
Year Built 1966
Annual Tax Amount $14,845
Lot Size 0.601 Acres
Property Description
Positioned along one of Santa Cruz County's most traveled corridors, 2525 Soquel Dr offers exceptional visibility and high-profile exposure in a thriving commercial hub. This is the first time the property has been on the market in over 40 years presenting a rare purchasing opportunity! The property features a multi-tenant commercial building with 7500 square feet of gross leasable area situated on a generous .6 acre lot. The property includes a well-designed 35-space parking lot with convenient ingress and egress from both Soquel Drive and Winkle Avenue, enhancing accessibility for tenants and customers alike. Currently leased to three long-term, stable and well respected tenants, the asset boasts a strong and consistent income history. Surrounded by vibrant residential neighborhoods and expanding commercial development, this property benefits from exceptional exposure along Soquel Drive with an estimated 20,000+ vehicles per day reinforcing the property's high-profile location and long-standing tenant success. Zoned C1, the property offers attractive upside potential for investors or owner-users seeking to capitalize on its prime positioning, solid fundamentals, and future development or repositioning opportunities in one of Santa Cruz's most dynamic corridors.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-1
Interior
Heating Electric, Forced Air
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Foam
Total Parking Spaces 35
Building
Water Public
Others
Tax ID 02511146000
Virtual Tour https://f8.f8re.com/videos/019dbc9c-9dee-7218-b2ca-dd9ab8b844fb
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Listed by Gina Carling David Lyng Real Estate #01480003
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