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1105 Water St 5,290 SF 65% Leased Office Building Santa Cruz, CA 95062 $1,999,999 ($378.07/SF)

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EXECUTIVE SUMMARY

Sherman & Boone Real Estate is pleased to present a fully leased commercial property located at 1105 Water
Street in Santa Cruz, CA. This offering includes two buildings on a single parcel, featuring a private parking lot with
12 on-site spaces plus street parking and a security system in place. Positioned in the heart of Midtown—near
Seabright Avenue and Downtown Santa Cruz—the property encompasses 5,290 square feet with excellent visibility
and strong traffic counts.
Over 335 new housing units are approved along Water Street, with an additional 500 units planned in surrounding
neighborhoods over the next five years. These projects will transform outdated commercial sites into vibrant
residential communities—bringing an influx of new residents and energy to the neighborhood.
This property has benefited from long-term tenancy, minimal turnover, and a dedicated roof reserve fund, reflecting
responsible ownership and ongoing maintenance. With its prime Midtown location, strong tenant history, and
upcoming owner-user potential, 1105 Water Street represents an outstanding investment opportunity in the thriving
Santa Cruz market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,290 SF
Building Class
B
Year Built
1965
Price
$1,999,999
Price Per SF
$378.07
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,290 SF
Building FAR
0.45
Lot Size
0.27 AC
Zoning
C-4 - C-4 Commercial

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Surf City Windows and Gutters
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Surf City Windows and Gutters - - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 108
  • 1,840 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 108 1,840 SF Office Full Build-Out Now

1st Fl-Ste 108

Size
1,840 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 108

Size 1,840 SF
Space Use Office
Condition Full Build-Out
Available Now

Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-243-26-000
Land Assessment
$339,946
Improvements Assessment
$424,931
Total Assessment
$764,877
  • Listing ID: 37793389

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 1105 Water St, Santa Cruz, CA 95062

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