(APN’s 010-011-16 & 31)

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Fantastic opportunity to invest in 2 highly-desirable commercial properties near downtown Santa Cruz. First time on the market in over 35 years!

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Features of this exceptional offering:

• Combined square footage of roughly 9,380 rentable square feet

       530 Ocean (2 buildings) – 3,131 rentable sq ft (2,400 and 781 sq ft)
       542 Ocean (1 building) – 12 suites totaling 6,249 rentable sq ft plus owner storage

• On-site parking and abundant natural light in offices and street parking

• High visibility location on major transportation lines. Quick access to downtown Santa Cruz and Highways 1, 9 & 17. Walk to restaurants, gyms, banks, County Building and Courthouse

• Owner-user potential with over 4,500 rentable sq ft at 542 Ocean available near-term and 7,000 sq ft longer-term availability

• Well-maintained properties with detailed maintenance history

• Long-term history of high occupancy with a mix of professional tenants (law, therapy, medical, non-profit)

• 542 Ocean sprinkler and elevator-served

• Security camera system monitored at night

• Possible upside income potential by converting space to residential (buyer to investigate)