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2555-2557 Soquel Dr 8,000 SF 100% Leased Industrial Building Santa Cruz, CA 95065 $3,622,412 CAD ($452.80 CAD/SF)

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EXECUTIVE SUMMARY

this is perfect for an owner user that needs office and wearhouse for their business. Plus have income from the front part of the building from the two existing tenants. there are 5 separate units that can be used all together or rented out separately. One unit is a mezzanine unit with it's private enterance. 3 wearhouses units all have roll up doors for truck access and a single care garage with a roll up door. 3 units have private bathroom and 2 units share a bathroom. This the perfect Mid County location to either run your business from or for rental income. When i purchased this property in 2004 the local broker analysis had the RBA at 8956 square feet. this amount included the mezzanine office space of 2124sf. So the RBA must be verified by the buyer/purchased to determine if they ok with and aware of the existing footprint of the building. Seller makes no guarantee of the building square footage. there is no Cap Rate or NIO due to the building being around 50% vacant and the other 50% rented a very low rate. No Proforma, because any owner user with determine the rental rates for themselves.Please don't disturb tenants, call broker for info and meeting, Owner is Licensed California Broker, 408-398-1951

PROPERTY FACTS

Price $3,622,412 CAD
Price Per SF $452.80 CAD
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.40 AC
Rentable Building Area 8,000 SF
No. Stories 1
Year Built 1980
Parking Ratio 1.63/1,000 SF
No. Drive In / Grade-Level Doors 4
Zoning C-1

AMENITIES

  • Signage

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
Walk Score®
Very Walkable (71)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
025-111-32-000
Land Assessment
$1,433,957 CAD
Improvements Assessment
$1,193,974 CAD
Total Assessment
$2,627,931 CAD
  • Listing ID: 29685865

  • Date on Market: 2023-10-02

  • Last Updated:

  • Address: 2555-2557 Soquel Dr, Santa Cruz, CA 95065

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