Retail Building with Four
300 7th Ave Santa Cruz, CA 95062
For Sale
Contact for pricing
Single retail building totaling 1,500 SF with four individual suites and onsite parking.
Property Size1,500 SF
Price / SF$700
Days on Market197
Property Features for 300 7th Ave
General Information
Standard status
Active
Size
1,500 SF
Property subtype
RETAIL
Listing Agency:
J.R. Parrish Commercial Real Estate
(831) 234-0702
Listed By:
Randy Parker · License #00878937
Source:
Moodyscre
Added: Jan 13
Changed: Jul 28
Last Checked: Jul 29 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.R. Parrish Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail building includes 4 individual suites within a 1,500 SF structure. The property sits on a 3,000 SF parcel and offers onsite parking for tenant and guest convenience. Low-maintenance characteristics are noted in the public remarks, supporting day-to-day ease of operation.
The property is described as being in a great location close to the harbor, with stable rental income also cited in the remarks.
For buyers or brokers underwriting income, the existing multi-suite configuration and onsite parking are practical components to evaluate alongside the property’s low-maintenance profile.
The property is described as being in a great location close to the harbor, with stable rental income also cited in the remarks.
For buyers or brokers underwriting income, the existing multi-suite configuration and onsite parking are practical components to evaluate alongside the property’s low-maintenance profile.
Key Highlights
- Single retail building totaling 1,500 SF
- 4 individual suites in the building
- 3,000 SF parcel
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.0k | $60.00 |
| − Vacancy | −$4.2k | −$2.82 |
| EGI | $85.8k | $57.18 |
| − OpEx | −$25.7k | −$17.15 |
| NOI | $60.0k | $40.03 |
1,500 SF · lease $60.00/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$857.7K
$750.5K – $1.00M
NOI $60,039 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Single retail building totaling 1,500 SF with four individual suites and onsite parking.
Where is this storefront property located?
The property is located at 300 7th Ave Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Single retail building totaling 1,500 SF; 4 individual suites in the building; 3,000 SF parcel
