801 Pacific Ave, Santa Cruz, CA 95060

$5,995,000
List Price
$5,995,000
MLS#
ML81785129
Status
ACTIVE
Lot Size
10,411
Listing Area
West Santa Cruz
Year Built
1957

Property Description

FIRST-TIME ON MARKET - RARELY AVAILABLE PACIFIC GARDEN MALL- TWO PARCELS -over 10,000sqft of land in one of the premier corner locations in Downtown Santa Cruz. Development potential with recent Downtown Plan allows for new height and density. Within parking district. 200 feet+/- of corner street frontage. GREAT carrier income of approximately $225,000 per year, while working on development plans. Your clients will thank you for bringing this to their attention. KEY FEATURES: Both Parcels in OPPORTUNITY ZONE (significant tax advantages possible); Over 200 Feet of Street Frontage; Hard Corner Parcel; New Downtown Plan with up-zoning; Great carrier income; Adjacent to approved mixed use project; and Within City's parking district, so parking requirements may be met offsite.

Additional Information

Acres
0.239
Age
63
Cooling System
Multi-Zone
Foundation
Combination
Garage Parking
Varies by Unit
Heating System
Other
Lot Size
10,411
Neighborhood
West Santa Cruz
Other Utilities
Garbage Collection, Public Utilities
Present Use
Commercial, Mixed, Multi-Family, Multiple Dwelling, Retail
Roof
Composition
Sewer
Sewer Connected
Special Features
Parking
Zoning
Dow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Derek Timm from Montalvo Homes & Estates

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