1600 Brommer ST Active

Santa Cruz,CA 95062

$ 2988000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81972435

Lot Size 0.859 Acres

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 57 residential units (5 studios, 32 1BR, 20 2BR incl. 6 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. Renowned architect firm Hochhauser Blatter Architects have redesigned the original plans to expand the footprint, maximizing the investment. 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. See disclosures for renderings, site & proposal details; Contact Frank Oliver for additional information.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning C-1

Exterior

Fence Chain Link

Utilities Available Electricity Available

Building

Water Public

Schools

School District Other

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