2745 Porter St - Medical FOR SALE


Soquel, CA 95073
$675,000 USD
831-818-0181
2745 Porter St, Soquel, CA for Sale
$675,000 USD
Medical - FOR SALE
1/19
null | Request Cap Rate

2745 Porter St
Soquel, CA 95073


HIGHLIGHTS

  • Located near Soquel Village with convenient access to neighborhood services and amenities.

OVERVIEW

A Stylish Classic, Primed for Mixed-Use Residential Addition/Possible Live-Work Space. Existing improvements 3-Suite Office Building with common lobby, kitchenette and restroom in classic Spanish Revival "Hollywood Bungalow" style, newly renovated with an in-place tenant paying $3,200/mo occupying all 3 suites. There is also a detached 400 SF storage building, plus a 20'x50' easement in perpetuity with room for oversize vehicle parking at the rear of property. A full permit package has been put together to replace the existing ancillary structure with a new attached 900+- SF Warehouse/Garage wing with two 450+- SF Residential units above (pending final parking approval). Complete plans, engineering and supporting materials are available from the contractor who developed the concept with the possibility of hiring him to handle the permitting and construction, with an estimated completion date of less than 9 months. This is a rare opportunity to acquire a heritage property with excellent added mixed-use development potential, perfectly situated in the midst of the many parks, shops and restaurants of nearby Soquel Village and Main Street.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C-2-GH

APN/PARCEL ID

030-142-13-000

ASK ABOUT THIS PROPERTY

Datta KhalsaMain Street RealtorsMore Info
831-818-0181

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Datta KhalsaMain Street RealtorsMore Info
831-818-0181

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