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980 17th Ave
Santa Cruz, CA 95062
 Industrial Property For Sale

Warehouses California Santa Cruz 980 17th Ave, Santa Cruz, CA 95062

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Investment Highlights

  • 4.62 acre site
  • .6 mile from the Ocean

Executive Summary

Redevelopment opportunity in the middle of Santa Cruz County! 4.62 acres over 2 parcels with approximately 38,000 sf of existing buildings in five separate structures. M-1 (Light Industrial) zoning with a General Plan overlay of C-S (Commercial Service). All existing leases run less than 12 months with existing tenants holding a WALT of 12.3 years. Property currently grosses $330k per year and includes several under utilized areas that can increase income.

Property Facts Under Contract

Sale Type Investment or Owner User Rentable Building Area 38,000 SF
Property Type Industrial No. Stories 1
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
 Year Built 1935
Building Class C Parking Ratio 3.95/1,000 SF
Lot Size 4.62 AC No. Drive In / Grade-Level Doors 6
Zoning M-1 - Light Industrial
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
Building Class C
Lot Size 4.62 AC
Rentable Building Area 38,000 SF
No. Stories 1
Year Built 1935
Parking Ratio 3.95/1,000 SF
No. Drive In / Grade-Level Doors 6
Zoning M-1 - Light Industrial

Property Taxes

Parcel Numbers
Multiple
  • 028-013-01-000
  • 028-013-03-000
 Improvements Assessment $1,156,471 CAD
Land Assessment $2,271,368 CAD Total Assessment $3,427,839 CAD

Property Taxes

Parcel Numbers
Multiple
  • 028-013-01-000
  • 028-013-03-000
Land Assessment
$2,271,368 CAD
Improvements Assessment
$1,156,471 CAD
Total Assessment
$3,427,839 CAD
 

  • Listing ID: 30757522

  • Date on Market: 2024-01-24

  • Last Updated:

  • Address: 980 17th Ave, Santa Cruz, CA 95062

The Eastside Industrial Property at 980 17th Ave, Santa Cruz, CA 95062 is currently available. Contact Sherman & Boone Commercial for more information.

INDUSTRIAL PROPERTIES IN NEARBY NEIGHBORHOODS

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