212-214 Laurel St, Santa Cruz, CA 95060
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.