229 Encinal St

8,300 SF Industrial Building Santa Cruz, CA 95060 $2,000,000 ($241/SF)

INVESTMENT HIGHLIGHTS

  • Rare Santa Cruz Industrial Building Investment Opportunity
  • Light Industrial Building Ideal for many Users
  • Very Tall Clear Height (up to 27') in Warehouse Portion of the Building
  • Ideal for Owner Users who can occupy +- 3,000sf of Ground Floor Space
  • Two Large Drive-In/Roll-up Doors
  • Easy Access to Highway 1, 9, and 17

EXECUTIVE SUMMARY

Ow Commercial is pleased to present 229 Encinal Street for sale. This functional commercial building features +/- 8,300 square feet of space on a +/- 10,585 square foot land parcel located in the Harvey West commercial area with close proximity to Costco. This building was built in 2008 and the unpermitted second floor was installed in 2010. The building is efficiently laid out and would be ideal for an owner-user and/or investor looking to acquire a commercial building that is well suited for a variety of different uses. This building has a successful rental history and three leases in place. Owners occupy approximately 3,000sf of the ground floor space under the second floor. Owner's space will be delivered vacant upon the close of escrow and ready for a new tenant and/or owner occupant.

PROPERTY FACTS

Price $2,000,000
Price Per SF $241
Sale Type Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • Office Office Residential
Building Class B
Lot Size 0.22 AC
Rentable Building Area 8,300 SF
No. Stories 2
Year Built 2008
Parking Ratio 0.6/1,000 SF
Clear Ceiling Height 27’
No. Drive In / Grade-Level Doors 2

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Storage Space
Bike Score®
Very Bikeable (88)

PROPERTY TAXES

ZONING

Zoning Code IG (General Industrial)
  • Listing ID: 33126950

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 229 Encinal St, Santa Cruz, CA 95060