150 Felker St, Santa Cruz, CA 95060

$895,000
List Price
$895,000
MLS#
ML81742788
Status
ACTIVE
Lot Size
17,947
Listing Area
East Santa Cruz
Year Built
1975

Property Description

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.

Additional Information

Acres
0.412
Age
44
Cooling System
Other
Foundation
Concrete Perimeter
Garage Parking
Guest / Visitor Parking, No Garage, Off-Street Parking
Heating System
Other
Lot Size
17,947
Neighborhood
East Santa Cruz
Other Utilities
Public Utilities
Present Use
Office
Roof
Other
Sewer
Sewer - Public
Zoning
R1

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Calculator source: Real Geeks

Listing courtesy of Datta Khalsa from Main Street Realtors

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