300 7th Avenue, Santa Cruz, CA 95062
Single retail building near the Pacific Ocean with on-site parking and corner visibility at a strong Santa Cruz access point.
- Added:
- Nov 7, 2025
- Days on Market:
- 232
- Last Refresh:
- Jun 27 at 3:28 am
Property Features for 300 7th Avenue
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.07 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1944
Listing office JR Parrish Inc. (831) 247-2610
Listing date Nov 7, 2025
Source Exitrealty
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 JR Parrish Inc.
HighLights
- Year built 1944 classic small commercial building in Santa Cruz
- About 1,500 SF building with an established track record of occupancy
- 3,000 SF parcel on the corner of Seventh Avenue and Carmel Street
- Tenant access includes on‑site parking and corner visibility at a Santa Cruz access point
- Property is about three blocks from the Pacific Ocean
Overview
Located in Santa Cruz, the building sits on the corner of Seventh Avenue and Carmel Street and is described as being approximately three blocks from the Pacific Ocean. The corner orientation provides additional street-level exposure for a retail tenant or operator, with practical convenience emphasized through the property’s access and parking.
For buyers and investors, this is a straightforward small retail asset to consider, including those seeking partial use in a 1031 exchange, as suggested in the offering remarks. The combination of a compact retail building, corner positioning, and on-site parking can fit businesses that value easy customer access and a low-maintenance footprint. The property is also being marketed to portfolio buyers looking for a well-located, established commercial building.
Local 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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Luxury Floral Designs — By Appt Only, 137 S Park Way, Santa Cruz, CA 95062
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -121.9980749
- Latitude
- 36.9652872
