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1121 Soquel Ave, Santa Cruz, CA 95062

$39,000

  • Sold
  • Closed
  • Commercial
  • 1,400 Sq. Ft.
  • 0.016 Acres
1121 Soquel Ave, Santa Cruz, CA 95062 View this property at 1121 Soquel Ave, Santa Cruz, CA 95062
1121 Soquel Ave Santa Cruz CA 95062

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Property Description

Hip Eastside cafe with type 41 ABC license in place, featuring 1400 SF of interior space (seating capacity for approx 40) with a 700 SF rear patio (seating capacity for approx 20 additional). The rent rate of $2.35 per SF is very competitive for the area, and the building also has 1000 SF of adjacent retail space offering possibility of expansion in the future. This is a rare opportunity in the heart of Upper Eastside "Restaurant Row" of Santa Cruz, with high traffic counts and a lively mix of restaurants interspersed with retail boutiques and shops plus the iconic Rio Theater. The Cafe's current focus is coffee drinks with top-of-the line brewing equipment and a light a la carte menu, however there are multiple successful restaurants
nearby, and here has been strong response to pop-ups renting the space for dinner events, signaling a demand to include dinner and further capitalize on the ABC license, by developing a full-scale menu with the addition of a hood and larger grease trap.

Full Property Details for 1121 Soquel Ave

  • Sold For: $39,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 81643157
  • Added: 185 day(s) ago

Property History

  • 1121 Soquel Ave, Santa Cruz, CA
  • Sold at $39,000 on 7/18/17
  • Listed at $99,500 on 3/21/17

Business

  • Name: Midtown Cafe
  • Business Type: Restaurant

Rental Information

  • Complex Features: 1 Restroom per Unit, Front Sign, Multi-Tenant Building, Outside Sign, Public Restrooms, Signage, Storage, Trade Fixtures

Interior

  • Interior Features: Open Beam Ceiling, Vaulted Ceiling , Wet Bar
  • Flooring: Concrete

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Common Parking Area, Off-Street Parking, On Street

Location

  • County: Santa Cruz
  • Cross Streets: Cayuga

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Central Air Conditioning (Gas/Forced Air)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities

Structural Information

  • Roof: Concrete
  • Disability Access: None
  • Square Feet: 1,400

Lot Features

  • Lot Size (Acres): 0.016
  • Minimum Lot Size: 700
  • Lot Size (Sq. Ft.): 700
  • Zoning: C1

Listed by Main Street Realtors, Datta Khalsa
Sold by S2084, Datta Khalsa

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1121 Soquel Ave, Santa Cruz, CA 95062 (MLS# 81643157) is a Commercial property that was sold at $39,000 on July 18, 2017. Want to learn more about 1121 Soquel Ave? Do you have questions about finding other Commercial real estate for sale in Santa Cruz? You can browse all Santa Cruz real estate or contact a Coldwell Banker agent to request more information.

Listed by Main Street Realtors, Datta Khalsa
Sold by S2084, Datta Khalsa