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$3,800,000
Est. payment /mo
32,511 SqFt
UPDATED:
11/08/2024 10:19 AM
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
Square Footage 32,511 sqft
Price per Sqft $116
MLS Listing ID ML81985633
HOA Y/N No
Lot Size 0.268 Acres
Acres 0.27
Property Description
Just north on Highway 1 of Santa Cruz is Davenport, an historic, small, quaint town known as a popular tourist destination year round. The interior public space, guest rooms from the studs out including furniture and fixtures are all new as of Summer 2024. The roof was also redone. The popular restaurant was voted among the "top 40 restaurants along the Pacific Coast Highway". This location offers Monterey Bay views and public beach access directly across the street. The sale includes both the real estate, structures, and the business. It includes a 9 room hotel (2-3 more rooms can be brought back), full service restaurant, saloon, indoor & outdoor dining and event seating. The outdoor venue for weddings and events is supported with ample parking. Growth of the business and structures with development of the contiguous half acre zoned C-1 lot, or investigate a residential mixed use opportunity. This offering includes the contiguous vacant and valuable half acre lot APN 058-082-09 Zoned C-1. Vacant lot can be sold separately. CALTRANS Traffic Stats: Cars per day in peak month is 14,700. This is a happening spot for locals and tourists alike.
Location
State CA
County Santa Cruz
Area Listing
Zoning C-1
Interior
Heating Electric
Cooling None
Flooring Concrete, Hardwood
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
New Construction No
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Listed by Kathleen Zech • Coldwell Banker Realty
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122