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    285 Water Street

    Santa Cruz, CA 95060
    • $3,987,500
    • STATUS: Active
    • ON SITE: 143 days
    • ID#: ML81821222
    UPDATED: 24 min ago
    $3,987,500
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Offering includes 291 Water St and 125 Coloma ST 3 parcels ( APN's 00832302,00832303,00832313 ). Incredible Mixed Use opportunity .MIA Appraisal in 2015 for $4M available upon request. Solid anchor tenant with 7 years left on 15 yr lease w/ mix of 5 multi-family and other well established local retail tenants. Water St is one of Santa Cruz busiest thoughfare's great for retail exposure and also gateway location only steps to downtown SC and the CBD. Also directly across street from main SC County buildings. 3 contiguous parcels over 3/4 acre total is this spot have redevolpment opportunity. Year built varies 1920,1941,1950.

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-16T22:43:32.407.

    www.stevebhalla.com/homes/112160721
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    285 Water Street Santa Cruz, CA 95060

    • Price: $3,987,500
    • Status: Active
    • Updated: 24 min ago
    • ID#: ML81821222
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    1951
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Cruz
    Area:
    All Other Counties/States
    Property Description
    Offering includes 291 Water St and 125 Coloma ST 3 parcels ( APN's 00832302,00832303,00832313 ). Incredible Mixed Use opportunity .MIA Appraisal in 2015 for $4M available upon request. Solid anchor tenant with 7 years left on 15 yr lease w/ mix of 5 multi-family and other well established local retail tenants. Water St is one of Santa Cruz busiest thoughfare's great for retail exposure and also gateway location only steps to downtown SC and the CBD. Also directly across street from main SC County buildings. 3 contiguous parcels over 3/4 acre total is this spot have redevolpment opportunity. Year built varies 1920,1941,1950.
    Exterior Features

    Parking Spaces Total 20 Roof Composition ShinglesOther

    Interior Features

    Cooling None Heating GasWall Furnace

    Property Features

    Annual Gross Sched Income 317661 Annual Taxes 42923 Annual Utility Expense 3930 Building Type Other Hoa YN No Net Operating Income 220295 Operating Expenses OtherUtilities Tenant Pays ElectricGasTrash Tot Bldg Sq Ft 16818 Water Sewer Water - Public Zoning RmC

    Listing courtesy of Andy Kay of Exp Realty Of California Inc..


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-16T22:43:32.407.

     
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