703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
703 Pacific AVE, Santa Cruz, CA 95060
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Wilson Leung

Wilson Leung

+1(650) 280-8888
Listed by Nick Torres • Sherman & Boone Realtors, DRE#01719985
$ 1,850,000
Est. payment | /mo

2,278 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

2,278 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $812

MLS Listing ID ML82063300

Year Built 1936

Lot Size 6,534 Sqft

Property Sub-Type Commercial Property

Property Description

703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning CBD-E

Interior

Heating Other

Cooling None

Exterior

Parking Features On Street

Utilities Available Public Utilities

Roof Type Other

Present Use Educational

Building

Story 1

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 007-021-10-000

Security Features Security Fence

Special Listing Condition Not Applicable

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Nearby School & Business

Wilson Leung

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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