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0.27 Acres Lot
$ 3,800,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81985633
HOA Y/N No
Lot Size 0.268 Acres
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 699 - Not Defined
Zoning C-1
Interior
Fireplace No
Exterior
Total Parking Spaces 50
Others
Tax ID 05808226
Listed by Kathleen Zech • Coldwell Banker Realty
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Karen Dye
Broker-Associate | Lic# 01329918