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1610 SOQUEL AVENUE, SANTA CRUZ, 95062

$5,900,000

  • 22,420 sqft
  • Commercial /Commercial Property
  Price Reduced by $300,000
1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
                                  1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
                                  1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
                                  1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
                                  1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
                                  1610 SOQUEL AVENUE, Santa Cruz, CA for sale.
Courtesy of Brett Harte, Century 21 MM
Pride of ownership building in great location.Owner will consider carrying the financing to a qualified investor with at least 25% down. Three story building with elevator. Medical related tenants on the first two floors including Dignity Health with attorneys on the third floor. The building shows well and has plenty of parking on the 1610 Soquel Avenue access and more parking on the 700 Frederick Street side of the property. Building currently has two vacancies with a great opportunity for an owner user. The two spaces total 3,360 square feet consisting of a ground floor suite of 2,240 square feet and a second story suite of 1,120 square feet. Pro forma income at $1.75 per foot would be a base rent of $70,560 and has been added to the gross income. All but the newest two tenants are on a triple net lease with current annual reimbursements of $59,136. Do not disturb any tenants.
Last updated on 12/16/2018
Courtesy of Brett Harte, Century 21 MM

More Details for 1610 SOQUEL AVENUE

Property Class: Commercial/Industrial
Listing Status: Active
City: Santa Cruz
State: CA
Zip: 95062
Area: 42 - East Santa Cruz
County: Santa Cruz
Class: Commercial
Property Subtype: Commercial Property
Approx Lot Size: 0.909
Stories: 3
REO/Bank Owned:No
Property Sub Type Descr: Commercial Property
Garage:Yes
Parking Total:73.00
Living Area (SqFt): 22,420 sqft
Lot Size Area Sq Feet: 39596.00
Lot Size Area Acres: 0.90900
Property Tax: $74,400
REO/ Bank Owned: No
REO:N/A
Short Sale:N/A
Listing#: 81709832
Parcel Number: 01103274000
Year Built: 1982
List Date: 6/12/2018

Features for 1610 SOQUEL AVENUE

Community Features: 1 Restroom Per Unit, Multi-Tenant Building, Restrooms-Public, Security Building
Garage Style: Guest / Visitor Parking
Present Use: Business/Professional, Medical/Dental
Utilities Water: Public
Cooling: Other
Foundation: Concrete Slab
Roof: Shingle
Utilities Sewer: Sewer Available at Site
Floors: Carpet, Laminate
Heating: Forced Air, Gas
Utilities: Garbage Collection, Individual Electric Meters

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