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Off Market
1/12

515 Cedar St
Santa Cruz, CA 95060


OVERVIEW

Prime stand-alone historic Victorian building with original year of construction dating back to 1890. Substantial renovations were added in the 1940s and the modern restaurant build-out was completed in 2006. Facilities include indoor seating for 85 plus patio seating for 25, and powered by a full kitchen with a 16 Hood/Ansul system, full size in-ground grease trap and 8 x 10 walk-in cooler. To be delivered with a top- shelf tenant with long-term lease in place (Business is NOT included in sale). The venerable establishment offers a comfortable upscale environment with multiple dining lounges, rooftop deck dining, a casual beer and wine bar downstairs and arguably the best cocktail bar in town upstairs. The building occupies a prime location, adjacent to ample public parking, and presides over a vibrant downtown scene that includes the weekly Farmers Market, shops, theaters, clubs and music venues of Pacific Garden Mall. A rare opportunity to acquire a true Santa Cruz icon! Business is in full operation. Showings by appointment only, outside of regular business hours. Prefer showings before 3:00 PM since business is open 7 days a week after 5:00 PM. No sign on property. Please exercise discretion as the building is being offered for sale without knowledge of the general public, the business employees or its management.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

2256

STORIES

2

YEAR BUILT

1890

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

005-148-03-000