2525 Soquel Drive Unit A, Santa Cruz, CA 95065

$3,399,000

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List Price
$3,399,000
Price Change
▼ $201,000 1784929779
Status
ACTIVE
MLS#
ML82044696
Year Built
1966
Lot Size
26,180
Acres
0.60
Days on Market
92
Property Type
Commercial

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.

Additional Information

Taxes
$42,487
Heat
Electric, Forced Air
Cooling
Yes
Cooling Description
None
Roof
Foam
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$227,474

Listing courtesy of Listing Agent: Gina Carling (ginacarling@davidlyng.com) from Listing Office: David Lyng Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.