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922 Soquel Ave 2,000 SF Retail Building Santa Cruz, CA 95062 $875,000 ($437.50/SF)
Investment Highlights
- Positioned on Soquel Avenue, a primary retail artery connecting Downtown Santa Cruz to the eastside.
- Features C-C zoning, allowing a wide range of retail, service, and office uses.
- Includes ±34 feet of frontage on a prominent stretch of Soquel Avenue with strong signage visibility.
- Located directly across from Whole Foods Market and Santa Cruz Athletic Club, two major neighborhood anchors.
- 100% leased through March 31, 2027, providing immediate income and future operational flexibility.
- Situated within a federally designated Opportunity Zone, offering potential tax incentives for qualified investors.
Executive Summary
922 Soquel Avenue offers the rare chance to acquire a standalone retail property in one of Santa Cruz’s most active commercial corridors. Located in the heart of Midtown on Soquel Avenue, this property benefits from excellent visibility and steady traffic volumes along a primary east-west thoroughfare connecting Downtown Santa Cruz to the eastside. The building’s C-C (Community Commercial) zoning supports a variety of potential retail, service, or office uses, positioning the asset as a versatile ownership opportunity.
Currently 100% leased to a neighborhood retail operator through March 31, 2027, the property combines near-term income with long-term flexibility for future occupant use or repositioning. Investors and owner-users will appreciate the property’s location within a high-demand corridor characterized by limited supply and strong occupancy. Its proximity to prominent anchors, including Whole Foods and the Santa Cruz Athletic Club, further underscores its enduring market appeal.
Situated within an Opportunity Zone, buyers may also benefit from potential tax advantages while capitalizing on continued reinvestment in the Midtown area. This asset represents a compelling entry point into Santa Cruz’s tightly held retail market, supported by consistent consumer traffic and a resilient local economy.
Currently 100% leased to a neighborhood retail operator through March 31, 2027, the property combines near-term income with long-term flexibility for future occupant use or repositioning. Investors and owner-users will appreciate the property’s location within a high-demand corridor characterized by limited supply and strong occupancy. Its proximity to prominent anchors, including Whole Foods and the Santa Cruz Athletic Club, further underscores its enduring market appeal.
Situated within an Opportunity Zone, buyers may also benefit from potential tax advantages while capitalizing on continued reinvestment in the Midtown area. This asset represents a compelling entry point into Santa Cruz’s tightly held retail market, supported by consistent consumer traffic and a resilient local economy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,000 SF
Building Class
C
Year Built
1980
Price
$875,000
Price Per SF
$437.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C-C - Community Commercial
Frontage
43’ on Soquel Ave
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-071-52-000 | Improvements Assessment | $57,019 |
| Land Assessment | $25,573 | Total Assessment | $82,592 |
Property Taxes
Parcel Number
010-071-52-000
Land Assessment
$25,573
Improvements Assessment
$57,019
Total Assessment
$82,592
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922 Soquel Ave