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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$3,900,000
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0.36 Acres Lot
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433 Ocean ST Santa Cruz, CA 95060

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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


CRMLS – RECore
Listed by Paul Zech Coldwell Banker Realty

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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433 Ocean ST