Santa Cruz, CA 95060,433 Ocean ST
Santa Cruz, CA 95060,433 Ocean ST
Santa Cruz, CA 95060,433 Ocean ST
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Listed by Paul Zech • Coldwell Banker Realty
$3,900,000
Est. payment /mo
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1,596 SqFt
Active

433 Ocean ST Santa Cruz, CA 95060

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Madhu Sarkar

Madhu Sarkar

+1(650) 504-7768

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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

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 3.0

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Present Use Automotive,Commercial,Food Service,Industrial - Light,Service

Building

Story 3

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 3

Others

Restrictions None

Tax ID 005-941-12-000

Security Features None

Special Listing Condition Not Applicable

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Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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433 Ocean ST