2300 Portola Dr - Office FOR SALE


Santa Cruz, CA 95062- Eastside | 
$6,888,888 USD
408-310-7161
2300 Portola Dr, Santa Cruz, CA for Sale
$6,888,888 USD
Office - FOR SALE
1/18
null | Request Cap Rate

NEW


2300 Portola Dr
Santa Cruz, CA 95062
Eastside


HIGHLIGHTS

  • Strategically located on a high-visibility corridor between downtown Santa Cruz and Capitola, the property benefits from strong traffic exposure and
  • Home of KSCO NewsTalk Radio (AM 1080 / FM 104.1)
  • 6.79 AC Beach Front

OVERVIEW

USER , OFFICE, MEDICAL, RETAIL USES ALLOWED.....Rare opportunity to acquire a distinctive 4,790± SF commercial building originally constructed in 1947 by the RCA Company as a radio broadcasting facility. The property is one of only two remaining RCA buildings in the world, offering a unique combination of historic character, specialized improvements, and commercial potential. The building features multiple improvements associated with its former broadcasting use, including professional recording studios, broadcast spaces, multiple private offices, kitchenette space, and a bomb shelter. Please See the Links below which directs you to the County of Santa Cruz's website which outlines the approved uses. Main Parcel is zoned PA-L; PR (Professional and Administrative Office – Historic Landmark / Parks, Recreation and Open Space https://cdi.santacruzcountyca.gov/Portals/2/County/Planning/SustainabilityUpdate/Code_Amendments/13_10_351-356_PRDistrict_public_draft.pdf (PR) https://cdi.santacruzcountyca.gov/Portals/2/County/Planning/SustainabilityUpdate/Code_Amendments/13_10_331-336_CommercialDistricts_public_draft.pdf (RA) Furthermore, please look at the news coverage links below for further in-depth information https://www.sacbee.com/news/business/real-estate-news/article314928796.html https://www.sanluisobispo.com/news/california/article314927413.html https://www.sfgate.com/realestate/article/santa-cruz-ksco-station-21943508.php https://the831.substack.com/p/ksco-1080-am-news-talk-radio-building

FOR SALE DETAILS

PRICE

$6,888,888 USD

PRICE/SF

$1,366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

OWNER USER OFFICE, MEDICAL BLDG

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

6.79 AC

LAND SF

295,860 SF

ZONING

PR

APN/PARCEL ID

028-174-01,028-441-01,028-441-03

ASK ABOUT THIS PROPERTY

Rex StanleyMeacham/OppenheimerMore Info
408-310-7161

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Rex StanleyMeacham/OppenheimerMore Info
408-310-7161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.