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Property profile & analytics

1325 Pacific Ave Santa Cruz, CA 95060

  • Retail properties
  • 5,044 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Nectar Creations (Pacific Avenue) / Fashion Accessories Store / Clothing Store
  • Crimson Phoenix Couture / Jewelry Store / Fashion Accessories Store

Property Details for 1325 Pacific Ave

Year built
1930
Property size
5,044 SF
Property type
Retail properties
Property subtype
Retail space

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Santa Cruz
County
Santa Cruz
State
California
Longitude
-122.026
Latitude
36.9739
More about this property
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