Find SoCal Homes For Sale Using Our Advanced MLS Integrated Property Search
Listing Agent: Nick Torres
Courtesy of: Sherman & Boone Realtors
Days On Market: 80
Year Build: 1951
County: Santa Cruz
Neighborhood: 699 - Not Defined
Incredible opportunity for Investor or Owner User. High demand Warehouse/Industrial Building boasts 14,146 sq ft. Includes 18 ft clear height at the low point of the interior of the Warehouse. Clear span building. Permitted mezzanine space adds another 2,500 sf for workspace or storage. Comfortable executive office spaces include a private shower Previous use includes woodworking shop. Included in the sale is 339 Locust St, a 1020 Sq Ft Residence that has been tastefully updated and is ready to rent. Leasing the shop at 1.00 psf NNN, plus the rent of the home, puts an NOI around 193k, or a Pro Forma Cap Rate of just under 7.5%.