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MLS® ID: ML81765507

803 Pacific AVE

SANTA CRUZ, California, 95060

$5,995,000 Active
  • 7808 SQFT
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.
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Listing courtesy of Montalvo Homes & Estates

Amenities

  • Zip
    95060
  • Office name
    Montalvo Homes & Estates
  • SQFT
    7808
  • Property type
    Five or More Units
  • Zoning type
    New Downtown Plan- Commercial
  • Year built
    1957
  • Lot size
    0.2390
  • Sewer
    Sewer Connected
  • Heating
    Other
  • Agent name
    Derek Timm
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    DTIMM
  • Agent ID
    191007339

Location

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