For Sale
$4,799,500

1610 Frederick StSanta Cruz, CA 95065

Prime Soquel Ave location, high income potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional three-story, 22,230 square foot executive office building, located at 1610 Soquel Avenue in Santa Cruz, California (zip code 95065), presents a compelling investment opportunity. Currently operating at 50% occupancy, this multi-tenant property boasts a strong income history and offers significant upside potential. Built in 1982, the building sits on a 29,708 square foot lot and features 73 parking spaces – a significant advantage in this desirable location. The property includes multiple suites and offices of varying sizes and configurations, catering to a diverse range of tenants. Many offices are equipped with features suitable for medical professionals, requiring minimal updates for immediate occupancy. Building amenities include a central air system, forced air heating, a convenient elevator, dual entrances, secured entry, a fire sprinkler system, and handicap accessibility. Additional features include a bonus room, carpeted hallways, and utility access on both the main and upper floors. The property is zoned PA and benefits from its strategic placement at the intersection of Soquel Avenue and Frederick Street, offering exceptional visibility and convenient access. The alarm system adds an extra layer of security. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Santa Cruz location.

Highlights

  • 73 parking spaces available.
  • Building equipped with a security alarm system.
  • Property features a bonus room.
  • Hallway features carpeting.
  • Central air conditioning throughout.
  • Excellent location with easy access to amenities.

Property Details for 1610 Frederick St

Property type
Retail properties, Office properties
Square Feet
22,230 SF
Year Built
1982

Location Insight

City
Santa Cruz
County
Santa Cruz
State
California
Latitude
37.0353977
Longitude
-121.9871217
1610 Frederick St, Santa Cruz, California

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1610 Frederick St
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