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Key Details
Sold Price $3,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81829971
Sold Date 12/17/21
HOA Y/N No
Year Built 1931
Lot Size 1.940 Acres
Property Description
Santa Cruz County has little, if any, available land for new developments or redevelopment,resulting in scarcity for new retail, commercial or multi-family residential developments. The parcel is zoned C-1 & allows for a Mixed-Use Commercial/Residential neighborhood development.One of the allowed uses under the C-1 Zoning is for a Multi-family Residential as a mixed use up to 50% of the floor area. Possible Wine / Winery Tasting Room, Brewery / Pub. See Santa Cruz Planning Chapter 13.10.331. Currently there are 4 buildings consisting of 8900 ± square foot of lease space with multiple existing tenants and some vacancies. There is ample parking and signage space. The site has approximately 1 acre of the 1.93 acres undeveloped. The parcel is located on a throughway on the corner of Freedom Blvd. and Corralitos Road with 400+ feet of frontage. It is a busy corridor that provides great access to Aptos, Corralitos & Watsonville. Located just 5 minutes from Highway 1 & Watsonville airport.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-1
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Present Use Commercial
Total Parking Spaces 7
Building
Story 1
Water Public
Others
Tax ID 10819128000
Financing Other
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Bought with Stephen Ray Thomas • Cheetah