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Listed by Coldwell Banker Realty
$ 3,900,000
Est. payment | /mo
1,596 SqFt
$ 3,900,000
Est. payment | /mo
1,596 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $2,443
MLS Listing ID ML82030985
HOA Y/N No
Year Built 1968
Lot Size 0.360 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
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
Interior
Heating Space Heater
Fireplace No
Building
Water Public
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"