703 Pacific Ave, SANTA CRUZ, CA

$1,850,000

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2,278

Square feet

0.15

Acres

About 703 Pacific Ave

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.

Features of 703 Pacific Ave

MLS® # ML82063300
Price $1,850,000
Square Footage 2,278
Square Footage Assessor
Acres 0.15
Year Built 1936
Type Commercial/Industrial
Sub-Type Commercial Property
Status Active

Community Information

Address 703 Pacific Ave
Area West Santa Cruz
City SANTA CRUZ
County Santa Cruz
State CA
Zip Code 95060

Amenities

Utilities Public Utilities
Garages On Street
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling None
Fireplace No
# of Stories 1

Exterior

Roof Other
Foundation Concrete Slab

Additional Information

Zoning CBD-E
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentNick Torres
OfficeSherman & Boone Realtors
Contact Info831-435-9949

Listing Map

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