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    OFF-MARKET
    Office Spaces

    212-214 Laurel St, Santa Cruz, CA 95060

    6,522 SF 0.39 ac lot Built 1934
    Property ID
    Property summary
    AI-generated overview

    This exceptional two-story office building, situated at 212-214 Laurel Street in the heart of Santa Cruz, California, presents a unique investment opportunity. Built in 1934 and extensively renovated in 2021, the 6,522 square foot building sits on a 0.39-acre lot and is zoned for commercial use. The property features a traditional office layout adaptable to executive, creative, or medical office uses. Currently offering multiple tenancies, one space of 3,506 square feet is immediately available. The building boasts 9-foot ceilings and offers six parking spaces in a secure gated rear lot accessible from Birch Lane. Its convenient location, just a block from Pacific Avenue, provides easy access to a variety of amenities including restaurants, shops, public transportation, and fitness centers, all within walking distance. The property features 24-hour tenant access. The building's Class C designation reflects its solid construction and recent upgrades. The Santa Cruz County property (APN: 005-145-04-000) is an excellent choice for businesses seeking a vibrant and accessible location in a thriving downtown area. No elevators are present.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1934
    Total area 6,522 SF
    Lot 0.39 ac (16,988 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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