300 7th Ave - Retail FOR SALE


Santa Cruz, CA 95062- Eastside
$1,100,000 USD
831-234-0702
300 7th Ave, Santa Cruz, CA for Sale
$1,100,000 USD
Retail - FOR SALE
1/1
null | 2.5% Cap Rate

300 7th Ave
Santa Cruz, CA 95062
Eastside


HIGHLIGHTS

  • Proximity to the Pacific Ocean
  • Street Visibilty and easy access
  • History of Occupancy

OVERVIEW

300 Seventh Ave sits at the corner of Seventh Avenue and Carmel Street...about 3 blocks from the Santa Cruz Harbor and Twin Lakes State Beach. First time on the market in decades. This 1500 SF multi-tenant building sits on an approximately 3,000 SF parcel and has enjoyed a long history of full occupancy. The occupants consist of a Sushi to-go Market, a Hair Salon, and a Dog Groomer. The businesses thrive in this unique Beach/Harbor neighborhood and 7 on site Parking spaces make this a convenient stop for customers from afar. Ideal price point for a 1031 exchange "filler" purchase, local Investor, or anyone who appreciates a generational opportunity to own a well-located commercial building in a thriving beach town. Note: The Hair Salon and Dog Groomer use Carmel Street as their Address. Sushi to Go uses 300 Seventh Ave.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$733 USD /SF

CAP RATE

2.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seventh Ave

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,000 SF

ZONING

c1

APN/PARCEL ID

027-103-11

ASK ABOUT THIS PROPERTY

Randy ParkerJ. R. Parrish Commercial Real EstateMore Info
831-234-0702

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Randy ParkerJ. R. Parrish Commercial Real EstateMore Info
831-234-0702

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