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.
Listing courtesy of Derek Timm from Montalvo Homes & Estates
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