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$ 3,900,000
Est. payment /mo
New
433 Ocean ST Santa Cruz, CA 95060
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82030985
HOA Y/N No
Year Built 1968
Annual Tax Amount $17,949
Lot Size 0.360 Acres
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 699 - Not Defined
Zoning MUVS - Mixed Use Visitor
Interior
Heating Space Heater
Cooling None
Fireplace No
Exterior
Roof Type Flat
Present Use Commercial
Total Parking Spaces 15
Building
Story 3
Water Public
Others
Tax ID 00594112000
Listed by Paul Zech Coldwell Banker Realty