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    FOR SALE
    Live-work space

    815 River St Santa Cruz, CA 95060

    879 SF Built 1950
    Property ID
    US09-0873407
    815 River St, Santa Cruz, CA 95060 For Sale 1 / 25
    $899,000 879 SF
    815 River St, Santa Cruz, CA 95060
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    Property summary
    AI-generated overview

    This 879 sq ft mixed-use property in Santa Cruz, CA (APN 008-162-16-000) is offered at $1,100,000 ($1,251.42/sq ft). Built in 1950, this single-story building sits on a 6,011 sq ft lot with CC zoning, allowing for diverse commercial uses. Currently configured as a residential home, the property presents a significant development opportunity. The location boasts easy highway access, a private fenced yard with an automatic gate, and ample off-street parking. High traffic counts, with a combined daily volume of 23,510 vehicles, make this an ideal location for various commercial ventures. The property's northbound traffic volume exceeds southbound traffic. This presents a unique opportunity for businesses targeting a specific directional customer base. The property's single-story design and existing infrastructure offer potential for efficient renovation or redevelopment. Serious inquiries are encouraged to explore the possibilities this prime Santa Cruz location offers.

    Property profile
    Verified
    Property type Live-work space
    Year built 1950
    Total area 879 SF
    APN 008-162-16-000
    UPID US09-0873407
    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
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