1105 Water ST Active

Santa Cruz,CA 95062

$ 2225000

- Bed

0 Bath

5290 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,290 sqft

Price per Sqft $420

MLS Listing ID ML81954832

Year Built 1963

Lot Size 0.268 Acres

Property Description

Sherman and Boone Real Estate proudly presents a fully leased commercial property situated at 1105 Water St. This property features two buildings on a single parcel, boasting a parking lot offering 12 spaces on-site + street parking as well as a Security System in place. Strategically located in Midtown, near Seabright Avenue and Downtown Santa Cruz, the property spans 5,290 square feet, ensuring optimal visibility and high traffic counts. The building is comprised of four great tenants, all who have recently renewed their lease agreements. Community Bridges, a longstanding tenant since 2009, occupies 2,000 square feet, while Habitat for Humanity utilizes 1,840 square feet. State Farm Insurance is in 800 square feet while Surf City Windows & Gutters occupies the remaining 650 square feet. Noteworthy is the property's minimal tenant turnover and the presence of a roof reserve fund, demonstrating prudent ownership. With its prime location and stable tenant base, this commercial property offers an exceptional investment opportunity in Santa Cruz's vibrant market.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning C-4 (Commercial)

Exterior

Roof Type Other,Shingle

Building

Story 1

Water Public

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