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150 FELKER STREET
SANTA CRUZ, CA 95060

$895,000 
  • -- Beds
  • 0/0 Baths
  • 5610 sqft
  • Commercial | Commercial Property
  • Pending Sale
150 FELKER STREET, SANTA CRUZ - 958303167

Property Description for 150 FELKER STREET, SANTA CRUZ CA 95060

This 5600 SF office complex zoned for medium-density residential is located along the entry point to the pedestrian bridge over the San Lorenzo River Levee, along a pathway of high transient activity and foot traffic that runs primarily between the County Health Offices and the Rebele Family Shelter Homeless Services Center. The property is currently somewhat blighted with below-market rents averaging under $1 per SF, but it is believed that the property should pose a value-add proposition for the proactive buyer. It has been suggested that high fencing with gated entry could transform the building with its central campus comprising 1/3 acre of paved and landscaped areas into a more private space with ample onsite parking. Alternatively, the building could lend itself to acquisition by a government or non-profit agency as a base from which to provide and administer social service and/or community-based programs.

  • Property Class: Commercial/Industrial
  • Listing Status: Pending Sale
  • City: SANTA CRUZ
  • State: CA
  • Zip: 95060
  • Area: 42 - East Santa Cruz
  • County: Santa Cruz
  • Class: Commercial
  • Property Subtype: Commercial Property
  • Approx Lot Size: 0.412
  • Stories: 1
  • Baths (F/H): 0/0
  • Baths Partial: 0
  • Living Area (SqFt): 5610 sqft
  • Lot Sq Ft Apx: 17947.00
  • Year Built: 1975
  • Listing#: 81742788
  • Parcel Number: 008-181-23-000
  • Close Date: 5/31/2019
  • List Date: 3/15/2019
  • Last updated on: 5/23/2019

Property Features for 150 FELKER STREET, SANTA CRUZ CA 95060

  • Cooling: Other
  • Heating: Other
  • Security Features: Varies By Unit
  • Utilities Sewer: Sewer - Public
  • Utilities Water: Public
  • Year Built: 1975
  • Community Features: Front Sign, Landscaping, Outside Sign, Restroom(S)
  • Zoning: R1
  • Foundation: Concrete Perimeter
  • Roof: Other
  • Present Use: Office

Additional Information for 150 FELKER STREET, SANTA CRUZ CA 95060

  • Expenses: 46723.00
  • Garage Style: Guest / Visitor Parking, Off-Street Parking
  • Gross Income: 62340.00
  • Office Area: 5610
  • Property Tax: $10,740
  • Rent Income: 62340.00
  • REO Y/N: N/A
  • REO/ Bank Owned: No
  • Roof: Other
  • Short Sale Y/N: N/A
Courtesy of Datta Khalsa, Main Street Realtors
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