Development opportunity awaits! Two lots, 414 and 416 Soquel Avenue, totaling .40 acres on the corner of Ocean Street, between the Seabright neighborhood and downtown Santa Cruz. Mixed use zoning with increased density potential. Lot 1 currently has a SFR and detached commercial garage. Lot 2 has a historic mixed use retail space with a 5 bedroom apartment above and a series of detached garages. These properties are located in Census Tract 1008 which the city has designated as an opportunity zone, with tax incentives for development. Properties likely to qualify for reduced parking requirements under newly approved AB-2097 and are in close proximity to all the necessities and public means of transportation.
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