1610 Frederick St Santa Cruz, CA 95065
- Retail properties
- 22,230 SF
Current Use by Public Records
- Retail properties
Property Details for 1610 Frederick St
- Year built
- 1982
- Property size
- 22,230 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional three-story, 22,230 square foot executive office building, located at 1610 Soquel Avenue in Santa Cruz, California (zip code 95065), presents a compelling investment opportunity. Currently operating at 50% occupancy, this multi-tenant property boasts a strong income history and offers significant upside potential. Built in 1982, the building sits on a 29,708 square foot lot and features 73 parking spaces – a significant advantage in this desirable location. The property includes multiple suites and offices of varying sizes and configurations, catering to a diverse range of tenants. Many offices are equipped with features suitable for medical professionals, requiring minimal updates for immediate occupancy. Building amenities include a central air system, forced air heating, a convenient elevator, dual entrances, secured entry, a fire sprinkler system, and handicap accessibility. Additional features include a bonus room, carpeted hallways, and utility access on both the main and upper floors. The property is zoned PA and benefits from its strategic placement at the intersection of Soquel Avenue and Frederick Street, offering exceptional visibility and convenient access. The alarm system adds an extra layer of security. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Santa Cruz location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -121.987
- Latitude
- 37.0354
