1520 Commercial Way Santa Cruz, CA 95065
- Retail properties
- 4,160 SF
- 0.63 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1520 Commercial Way
- Year built
- 2024
- Lot size
- 0.63 lot acres
- Property size
- 4,160 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional net-leased restaurant property at 1520 Soquel Dr., Santa Cruz, CA 95065, presents a rare investment opportunity in Santa Cruz County. Boasting 4,160 square feet on a 0.625-acre lot, this single-story building was completely rebuilt in 2024, featuring all new systems including electrical, plumbing, mechanical, siding, storefronts, windows, roof, equipment, and finishes. The property benefits from a highly visible location directly across from a regional hospital with over 1,500 employees and 96,000 patients served annually, ensuring high traffic and strong potential for success. The property includes 45 parking spaces and is zoned C-2. The building features a 2,360 sq ft remodel to suit a tenant, and the property is secured by a 10-year firm lease with built-in rent increases for both tenants. This presents a compelling investment opportunity with high barriers to entry, situated conveniently off Highway 1. The APN is 025-071-20.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -121.984
- Latitude
- 36.9882
