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ABOUT

A Mid-Town Multi-Tenant
Assemblage on Three  Parcels

Opportunity Zone & Existing Cash Flow

The Sullivan Building Complex is a collection of mid-century Medical, Personal Care and Professional Offices spread out across three parcels on a prime corner convenient to The Buttery, Shopper’s Corner, and the other popular boutique shops and restaurants of Midtown. The longtime owners have taken great pride in the property with updates and renovations made to many of the interior and exterior components of the buildings through the years.

 

Located in an Opportunity Zone, with access to public transit, the assemblage is eligible for multi-story mixed-use development of high-density residential over street-level retail pedestal. This is an excellent opportunity for an investor seeking to maximize cap rate with upside potential in rents on some of the larger suites which are currently leased month-to-month, or for a developer with the benefit of existing carrier income during entitlement.

$5,900,000

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Request More Information

We have compiled a comprehensive package of property information. To learn more about this property, submit a request to view the disclosure package, available upon request subject to non-disclosure agreement.

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Parcel Map:

Proximity Maps:

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About Santa Cruz

Santa Cruz is undoubtedly the quintessential California beach town, awakening nostalgic memories of summers past and inspiring a new generation. But while Santa Cruz is the classic spot to dig your toes into the warm sand and soak up the sun, the fun only begins at the beach.

Proudly Presented By

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Datta Khalsa

Broker & Owner

DRE# 01161050
Main Street Realtors
c: 831.818.0181
e: datta@mainstrealtors.com

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Get to Know Us

Learn more about Main Street Realtors Commercial Division by visiting our website. 

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