621 Water St - Medical FOR SALE


Santa Cruz, CA 95060- Riverwalk
$1,150,000 USD
831-247-2610
621 Water St, Santa Cruz, CA for Sale
$1,150,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

621 Water St
Santa Cruz, CA 95060
Riverwalk


HIGHLIGHTS

  • Two-building commercial property
  • High-visibility Water Street location
  • Flexible occupancy and investment potential
  • Convenient access to downtown Santa Cruz and Highway 1
  • Suitable for owner-users or investors

OVERVIEW

621 Water Street presents a unique investment or owner-user opportunity in the heart of Santa Cruz. The property consists of two separate buildings on a single parcel, offering flexibility for multiple tenants, mixed-use business operations, or future repositioning. Its location along the highly traveled Water Street corridor provides excellent visibility, convenient access, and proximity to downtown Santa Cruz, Highway 1, and a variety of retail, dining, and residential amenities. The front building consists of approximately 1,000 SF and is tenant-occupied on a month-to-month lease. The rear building is approximately 1,485 SF, with three good-sized offices, two entries, two restrooms, and a kitchen/break room. The location is close to all amenities and freeway access. The front building offers excellent signage and visibility, while the rear offers a quieter opportunity. Excellent owner/user or investor.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C-C Community Commercial

APN/PARCEL ID

009-201-26-000

ASK ABOUT THIS PROPERTY

Carol LezinJ. R. Parrish Commercial Real EstateMore Info
831-247-2610

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Carol LezinJ. R. Parrish Commercial Real EstateMore Info
831-247-2610

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