285 Water St., CA 95060 - ML81821222 - iPro Real Estate
iPro Real Estate

iPro Real Estate

285 Water St.
CA 95060

Active Contingent

For Sale

$3,987,500 $237.10 per sqft

Free Professional CMA

Listing ID : ML81821222

  • Garage

    1
  • Structure / Lot Size

    16,818 Sqft / 0.7830 Acre
  • Year

    1950

Description

Offering includes 291 Water St and 125 Coloma ST 3 parcels ( APN's 00832302,00832303,00832313 ). Incredible Mixed Use opportunity .MIA Appraisal in 2015 for $4M available upon request. Solid anchor tenant with 7 years left on 15 yr lease w/ mix of 5 multi-family and other well established local retail tenants. Water St is one of Santa Cruz busiest thoughfare's great for retail exposure and also gateway location only steps to downtown SC and the CBD. Also directly across street from main SC County buildings. 3 contiguous parcels over 3/4 acre total is this spot have redevolpment opportunity. Year built varies 1920,1941,1950.

Details

Type:
Subdivision: West Santa Cruz 
County: Santa Cruz 
Tax ID: 00832302
Annual Taxes: $42,923
School District: Santa Cruz City High
Days on Market: 423 
Parking Spaces: 20 
Property Type: Commercial Sale 

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Interactive

$3,987,500 ML81821222
285 Water St., CA 95060
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Area Information 95060

Population:

48,823 Up .04% since 2010
Average Income:
$119,796
Average Age:
36Years
Gender:
51.42%Male
48.58%Female
Households:
18,63019.91% with children
Average Value:
$1,230,288
Occupancy:
47.17%Owned
52.83%Rented
10.51%Vacant
Education:
14.44%High School
7.88%Associate
22.9%Bachelor
22.75%Graduate
Average Residency:
18Years
Crime Rate:
Average
Annual Rainfall:
46.22Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jan 20, 2022
Transaction
Contingent - Commercial Multi-Residential (5+ units)ML81821222
Price
$3,987,500
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Andy Kay with eXp Realty of California Inc.

Based on information from the MLSListings MLS) as of 1/20/2022. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 1/20/2022. 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. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes