MLS® ID: ML81742788

150 Felker ST

SANTA CRUZ, California, 95060

$895,000 Active
  • 5610 SQFT
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.
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Listing courtesy of Main Street Realtors

Amenities

  • Zip
    95060
  • Office name
    Main Street Realtors
  • SQFT
    5610
  • Property type
    Commercial Property
  • Zoning type
    R1
  • Year built
    1975
  • Lot size
    0.4120
  • Sewer
    Sewer - Public
  • Heating
    Other
  • Agent name
    Datta Khalsa
  • Purchase Type
    Active
  • Price Range
    $800k-$900k
  • Square Feet Range
    5000-7000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    S2084
  • Agent ID
    200004647

Location

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