4768 Soquel Drive, Soquel

$1,395,000

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0 Bed
0 Bath
.32 Acre
0 Garage

Prime Soquel Village Property on 2 legal parcels with long-term established tenant USPS offering stable income. The facility includes 9 parking spaces on-site, with 2 handicapped spots, an ADA access ramp, rear loading dock, dual pane windows, 3-phase power, brick exterior, and received $50,000+/- in major plumbing updates in March 2022. The building is listed in the County Records as 2952 SF on two APN's: Parcel 030-153-25 (the main parking lot parcel, which totals 4,922 SF.) and Parcel 030-153-26 (the primary building parcel, which totals 9,017 SF.) for combined total lot size of 13,939 SF. The current lease runs through August 31, 2025 at $65,422 GSI ($5,451.83 per month, or $1.95/SF) plus two 5-year options, with rent going to $71,964 in Sept 2025 ($5,997.02 per month, or $2.14/SF) and $79,160 in Sept 2030 ($6,596.72 per month, or $2.35/SF). The current lease only lists the building as having 2803 SF and references the 9,017 SF main parcel but not the parking lot parcel, and the property adjoins public parking. Mid-county location with high foot and car traffic to the front with the popular local shops and restaurants of Soquel Village, while also enjoying direct access to the tranquil picnic areas, creekside footpaths and walkways of the Heart of Soquel Park to the rear.

Essential Information

MLS® #
ML81960519
Price
$1,395,000
Bathrooms
0.00
Acres
0.32
Year Built
1958
Type
Commercial Sale
Status
Active

Community Information

Address
4768 Soquel Drive
Area
699 - Not Defined
City
Soquel
County
Santa Cruz
Zip Code
95073
Senior Community
N

Amenities

Parking Spaces
5

Interior

Heating
Space Heater
Cooling
None
# of Stories
1

Exterior

Roof
Composition, Other

Additional Information

Date Listed
April 8th, 2024
Days on Market
23
Zoning
PF-GH

Listing Details

Agent
Datta Khalsa
Office
Main Street Realtors

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 9:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.