703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Nick Torres • Sherman & Boone Realtors, DRE#01719985
$1,850,000
Est. payment /mo
2,278 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $812

MLS Listing ID ML82063300

Year Built 1936

Lot Size 6,534 Sqft

Property Sub-Type Commercial Property

Property Description

703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning CBD-E

Interior

Heating Other

Cooling None

Exterior

Parking Features On Street

Utilities Available Public Utilities

Roof Type Other

Present Use Educational

Building

Story 1

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 007-021-10-000

Security Features Security Fence

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor License ID: 01895061

Realtor License ID: 01895061

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703 Pacific AVE

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