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1600 Brommer Street, Santa Cruz, CA 95062
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$2,988,000
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Home Details for 1600 Brommer Street
Price
$2,988,000
Type
Commercial/Industrial
Lot Size
0.86
County
Santa Cruz
MLS®️ Listing#
ML81972435
On exitrealty.com
182 days
Property Description
1600 Brommer Street is situated in the heart of Midtown Santa Cruz, a vibrant & walkable neighborhood that seamlessly blends residential charm with commercial vitality. This area is renowned for its eclectic mix of local businesses, cafes, & cultural venues, making it an ideal spot for a mixed-use development that caters to both residents & visitors. Site proposal offers 58 residential units (studios, 1BR, 2BR plus VLI units) & 4,793 SF ground-floor commercial w/ underground parking. Modern 4-story design w/ 87 structured parking spaces, private balconies, rooftop terraces, courtyard & public plaza. Zoned C-1 on a 0.86-acre lot w/ 100,843 SF total area. Bonus density approved w/ height, parking & use concessions. Walk Score 84, Bike Score 100. Close to beach, harbor, parks, dining & transit. High-demand rental market. Strong investor appeal. Price structured at present value & condition; as Seller reaches benchmark goals, price will adjust accordingly.
- Utilities
- Electricity Connected
- Water Connected
Listing Courtesy: Oliver Group. Presented by: Frank C. Oliver
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$2,988,000
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EXIT REALTY CONSULTANTS (MODESTO NORTH)
901 McHenry Ave, Modesto, CA 95350
CA DRE# 01520140. Kris Klair Broker.