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555 Soquel Ave, SANTA CRUZ, CA – $5,888,888

  • $5.9M Price
  • 24,139 Sqft
  • 2.59 Acres
  • $5.9M Price
  • 24,139 Sqft
  • 2.59 Acres

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555 Soquel Ave

Rare, unique opportunity to acquire this Leased Investment, Commercial Office Building in the heart of Santa Cruz. Former Dominican/Santa Cruz Hospital property known as Branciforte Plaza which contains three detached buildings covering two contiguous parcels totaling 119,006 sq ft, or 2.73 acres. Main three-story office bldg with 29 suites; one, single level office bldg with 4 suites; one detached single family home (used by owner as office/living). Sales includes APN# 010-012-09 & 010-012-45. Main bldg includes retail/restaurant & office tenants, elevator served, restrooms on 2 floors, central heat & AC, monument/directory signage, 83 parking spaces & excellent street visibility. Tenants include legal, CPA, real estate/mortgage, health/therapy. Excellent rental history. Office tenants on Full Service leases, Restaurant is on NNN lease. Property is zoned CC (Community Commercial). SFR is 2 stories, 1 kitchen, 1 bath, 2 bedrooms & offices. Addresses: 555, 573-579, and 603 Soquel Ave

Essential Information

  • MLS® #ML81732311
  • Price$5,888,888
  • Square Footage24,139
  • Square FootageAssessor
  • Acres2.59
  • Year Built1968
  • TypeCommon Interest
  • Sub-TypeCommercial Property
  • StatusActive

Community Information

  • Address555 Soquel Ave
  • AreaEast Santa Cruz
  • CitySANTA CRUZ
  • CountySanta Cruz
  • StateCA
  • Zip Code95062

Amenities

  • Parking Spaces83
  • GaragesNo Garage

Utilities

Individual Electric Meters, Individual Gas Meters, Master Meter , Garbage Collection, Public Utilities

Interior

  • HeatingCentral Forced Air - Gas
  • # of Stories3

Cooling

Central Air Conditioning, Central Forced Air - Gas

Exterior

  • RoofOther Roof
  • FoundationReinforced Concrete

Additional Information

  • ZoningCC

Listing Details

  • AgentRichard Matusich

Office

Richard G. Matusich & Assoc., Inc.

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Price Change History for 555 Soquel Ave, SANTA CRUZ, CA (MLS® #ML81732311)

Date Details Price Change
Active
Price Reduced $5,888,888 $100,000 (1.67%)
Contingent (from Active)
Price Reduced $5,988,888 $211,112 (3.41%)
Price Reduced (from $6,965,000) $6,200,000 $765,000 (10.98%)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of August 19th, 2019 at 12:25pm CDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.