Log In/Sign Up
Your email has been sent.
129 Water St 2,060 SF Office Building Santa Cruz, CA 95060 $975,000 ($473.30/SF)
Investment Highlights
- Downtown Location
- Office Buildout
Executive Summary
129 Water Street presents a rare opportunity to own a freestanding commercial office building in the heart of downtown Santa Cruz. Whether you're an owner/user looking to establish your business in a prime location or an investor seeking a well-situated leasing asset, this property offers both immediate utility and long-term upside. As currently configured, the building features 10 offices, 2 conference rooms, a large reception area, and modern infrastructure, including controlled door access, security cameras, and prominent street signage. With 4 on-site parking spaces and excellent walkability to all that Downtown Santa Cruz has to offer, this location supports a wide range of professional uses. Delivered vacant at close of escrow, the property is move-in ready for an owner-occupant or ready for its next tenant. Located in a high-visibility corridor, this is a strategic acquisition for businesses or investors seeking strong fundamentals in a supply-constrained market.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
2,060 SF
Building Class
B
Year Built
1960
Price
$975,000
Price Per SF
$473.30
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,060 SF
Building FAR
0.68
Lot Size
0.07 AC
Zoning
CBD - Central Business District
Parking
4 Spaces (1.94 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2,060 square feet of mostly open office space available for lease. Please contact broker for more details.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,060 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 2,060 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,060 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2,060 square feet of mostly open office space available for lease. Please contact broker for more details.
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 006-364-05-000 | Improvements Assessment | $386,331 |
| Land Assessment | $482,913 | Total Assessment | $869,244 |
Property Taxes
Parcel Number
006-364-05-000
Land Assessment
$482,913
Improvements Assessment
$386,331
Total Assessment
$869,244
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
129 Water St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.