Property Detail

433 Ocean

Santa Cruz CA 95060

$3,900,000

Status: Active

Property Details

Description

Prime commercial opportunity on a 15,682 sq. ft. parcel in an outstanding location. The existing structure is approximately 1,600 sq. ft. and the site formerly operated as a service station. Underground tanks and impacted soil were removed and remediated, and Phase I & Phase II environmental assessments were completed at that time. This trophy property has seen concept plans over the years for a hotel, a new service station, and other potential uses, offering a compelling canvas for future development. In the meantime, the property generates strong rental income from six (6) different businesses, including a catering truck. Collect income while you plan your next project! Excellent upside and long-term potential.

Map Location

Listing provided courtesy of Paul Zech of Coldwell Banker Realty. Last updated 2026-05-01 08:22:57.000000. Listing information © 2025 CRMLS.

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