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    1325 Pacific Ave Santa Cruz, CA 95060

    Sponsored
    For Sale
    $2,795,000

    Prime Pacific Ave. Storefronts

    Property size:
    5,044 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Santa Cruz commercial property, located at 1325-1329 Pacific Ave. & 1326-1332 Commerce Lane, presents a rare investment opportunity. Priced at $2,795,000, this 5,044 square foot portfolio comprises two single-story buildings, built in 1930 and renovated in 1973, situated on a 7,884 square foot lot. The property features six units with 100% occupancy under a gross lease, offering immediate cash flow. The main retail section faces Pacific Avenue, a vibrant downtown location, while office/storage space is situated on Commerce Lane. An enclosed courtyard adds unique character. Four parking spaces are available, supplemented by a nearby public parking garage. The property benefits from its prime location in Santa Cruz's central business district (CBD), surrounded by national retailers, major employers like Amazon and Google, and thousands of new residential units under construction. This location enjoys high foot traffic due to its status as a popular tourist destination and proximity to UC Santa Cruz. The property's zoning is CBD. Detailed property information, including a preliminary title report, city records, architectural drawings, and easement map, is available to qualified buyers. This offering is ideal for owner-occupants or investors seeking a stable, high-value asset in a rapidly growing market. The property has been under the same family ownership for a century, a testament to its enduring value. Do not disturb tenants.

    Property Features for 1325 Pacific Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,044 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1930/1973
    Buildings
    2
    Stories
    1
    Units
    6

    HighLights

    • $2,795,000 asking price for a multi‑tenant retail storefront.
    • 5,044 square feet on a 7,884 square foot lot in Santa Cruz, CA.
    • Located at 1325 Pacific Ave, in a prime downtown location.
    • Six units, 100% occupied, with a gross lease structure.
    • Two buildings, one story each, built in 1930 and renovated in 1973.
    • Four parking spaces and zoned CBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nectar Creations (Pacific ... Fashion Accessories Store Crimson Phoenix Couture Jewelry Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Cruz
    County
    Santa Cruz
    State
    California
    Longitude
    -122.02611449985
    Latitude
    36.973903014666

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    FAQs

    What type of property is this?
    Individual retail property - Prime Pacific Ave. Storefronts
    Where is this individual retail property located?
    The property is located at 1325 Pacific Ave Santa Cruz, CA.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: $2,795,000 asking price for a multi-tenant retail storefront.; 5,044 square feet on a 7,884 square foot lot in Santa Cruz, CA.; Located at 1325 Pacific Ave, in a prime downtown location.
    Request Owner's contact information
    1325 Pacific Ave Santa Cruz, CA 95060
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    Santa Cruz, CA 95060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1325 Pacific Ave Santa Cruz, CA 95060
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