3025 Porter St, Soquel, CA 95073

Soquel Village Mall presents a unique investment opportunity in the heart of Soquel, California. This established retail center comprises three buildings totaling 8,592 square feet of net rentable area situated on a 0.77-acre lot. The property, located at the high-visibility intersection of Soquel Drive and Porter Street, benefits from easy access to State Highway 1. Currently boasting 84% occupancy across eight tenants, the property includes a multi-tenant commercial building, a single-tenant restaurant, and a single-tenant auto repair shop. Built between 1935 and 1964, the buildings are zoned Community Commercial (CC). The asking price is $3,150,000, translating to $366.62 per square foot. This represents a value-add opportunity due to below-market contract rents and the potential to lease up the currently vacant space. The property has been under the same ownership for 40 years, making this a rare chance to acquire three desirable buildings in a single transaction. The property consists of ten units across three separate parcels (APN: 030-081-35, 030-081-31, 030-081-32). This is a compelling investment prospect with significant upside potential.