555 Soquel Ave, SANTA CRUZ

$5,888,888

0 Beds
0 Baths
24,139 Sqft
2.59 Acres
0 Garages

Rare, unique opportunity to acquire this Leased Investment, Commercial Office Building in the heart of Santa Cruz. Former Dominican/Santa Cruz Hospital property known as Branciforte Plaza which contains three detached buildings covering two contiguous parcels totaling 119,006 sq ft, or 2.73 acres. Main three-story office bldg with 29 suites; one, single level office bldg with 4 suites; one detached single family home (used by owner as office/living). Sales includes APN# 010-012-09 & 010-012-45. Main bldg includes retail/restaurant & office tenants, elevator served, restrooms on 2 floors, central heat & AC, monument/directory signage, 83 parking spaces & excellent street visibility. Tenants include legal, CPA, real estate/mortgage, health/therapy. Excellent rental history. Office tenants on Full Service leases, Restaurant is on NNN lease. Property is zoned CC (Community Commercial). SFR is 2 stories, 1 kitchen, 1 bath, 2 bedrooms & offices. Addresses: 555, 573-579, and 603 Soquel Ave

Essential Information
MLS® #ML81732311
Price$5,888,888
Square Footage24,139
Square FootageAssessor
Acres2.59
Year Built1968
TypeCommon Interest
Sub-TypeCommercial Property
StatusActive
Community Information
Address555 Soquel Ave
AreaEast Santa Cruz
CitySANTA CRUZ
CountySanta Cruz
StateCA
Zip Code95062
Amenities
Parking Spaces83
GaragesNo Garage
Utilities

Individual Electric Meters, Individual Gas Meters, Master Meter , Garbage Collection, Public Utilities

Interior
HeatingCentral Forced Air - Gas
# of Stories3
Cooling

Central Air Conditioning, Central Forced Air - Gas

Exterior
RoofOther Roof
FoundationReinforced Concrete
Additional Information
ZoningCC
Listing Details
AgentRichard Matusich
Office

Richard G. Matusich & Assoc., Inc.

Property History
Status Changed from Contingent to Active
Price Reduced from $5,988,888 to $5,888,888
Status Changed from Active to Contingent
Price Reduced from $6,200,000 to $5,988,888
Price Reduced from $6,965,000 to $6,200,000
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MLSListings Inc Logo Based on information from MLSListings MLS as of February 27th, 2020 at 6:40am PST.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.