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501 Cedar St

4,000 SF Vacant Office Building Santa Cruz, CA 95060 $1,750,000 ($438/SF)

Lofts California Santa Cruz 501 Cedar St, Santa Cruz, CA 95060

Investment Highlights

  • Corner Parcel
  • On-Site Parking

Executive Summary

Two-story downtown building located at the corner of Cedar and Elm. Building has approved plans to convert the upstairs to residential with retail or restaurant on the ground floor. A rarity in downtown Santa Cruz with 7 on-site parking spaces. Each level is 2,000 sf with a total of 4,000 sf of existing building. Parcel totals 6,750 sf.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,000 SF
Building Class
C
Year Built
1982
Price
$1,750,000
Price Per SF
$438
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,000 SF
Slab To Slab
8’
Building FAR
1.15
Land Acres
0.08 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial Office
Parking
10 Spaces (2.5 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
1 of 1
Walk Score ®
Walker's Paradise (98)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 005-148-05-000 Improvements Assessment $446,208
Land Assessment $892,415 Total Assessment $1,338,623

PROPERTY TAXES

Parcel Number
005-148-05-000
Land Assessment
$892,415
Improvements Assessment
$446,208
Total Assessment
$1,338,623
(831) 464-5039

  • Listing ID: 31222345

  • Date on Market: 3/14/2024

  • Last Updated:

  • Address: 501 Cedar St, Santa Cruz, CA 95060

More public record information on 501 Cedar St, Santa Cruz, CA 95060

The Office Property at 501 Cedar St, Santa Cruz, CA 95060 is currently available For Sale. Contact Sherman & Boone Commercial for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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501 Cedar St, Santa Cruz, CA for sale Building Photo- Image 1 of 6
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501 Cedar St, Santa Cruz, CA for sale Building Photo- Image 2 of 6
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501 Cedar St, Santa Cruz, CA for sale Building Photo- Image 3 of 6
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501 Cedar St, Santa Cruz, CA for sale Building Photo- Image 4 of 6
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501 Cedar St, Santa Cruz, CA for sale Plat Map- Image 5 of 6
Plat Map

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501 Cedar St
(831) 464-5039 x

501 Cedar St

1/2

Erik Barbic

(831) 464-5039

(831) 464-5039

Jason Hdez

(831) 464-5022

(831) 464-5022

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