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3025 Porter Street

Soquel, CA 95073
  • $3,150,000
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • ID#: ML82001653
Under Contract
UPDATED: 57 min ago
$3,150,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

Listing Agent(s): Gina Carling of David Lyng Real Estate ((831) 438-5700) and Paul Burrowes of ()


Description

Soquel Village Mall is a three-building commercial property with a high-profile location at the intersection of Soquel Drive and Porter Street in the heart of Soquel, California. The property totals 8,592 square feet of gross leasable area on 0.77 acres and includes a multi-tenant commercial building, single-tenant restaurant building, and single-tenant auto repair building. This is the first time the property has been on the market in 40 years and represents a rare opportunity for an investor to acquire three highly desirable buildings in a single transaction. Most of the tenants in Soquel Village Mall have occupied the property for many years, and contract rents are well below market levels. Additionally, about 40% of the space is vacant or leased on a short-term basis. The net income for the property can be increased significantly by leasing up the vacant space and moving contract rents to market. Each building is situated on a separate parcel. located at the northwest corner of Soquel Drive and Porter Street, two of the major surface streets in Soquel. Soquel Drive carries about 19,000 vehicles per day and Porter Street has traf c counts exceeding 11,000 vehicles per day, providing excellent exposure for tenants at the property. Easy drive to San Jose & Monterey Bay Areas.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-10T09:36:48.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/162386101
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3025 Porter Street Soquel, CA 95073

  • Price: $3,150,000
  • Status: Active Under Contract
  • On Site: 91 Days
  • Updated: 57 min ago
  • ID#: ML82001653
0
Beds
0
Baths
0
½ Baths
0.77
Acres
1935
Built
Neighborhood:
699 - Not Defined
County:
Santa Cruz
Area:
699 - Not Defined
Property Description
Soquel Village Mall is a three-building commercial property with a high-profile location at the intersection of Soquel Drive and Porter Street in the heart of Soquel, California. The property totals 8,592 square feet of gross leasable area on 0.77 acres and includes a multi-tenant commercial building, single-tenant restaurant building, and single-tenant auto repair building. This is the first time the property has been on the market in 40 years and represents a rare opportunity for an investor to acquire three highly desirable buildings in a single transaction. Most of the tenants in Soquel Village Mall have occupied the property for many years, and contract rents are well below market levels. Additionally, about 40% of the space is vacant or leased on a short-term basis. The net income for the property can be increased significantly by leasing up the vacant space and moving contract rents to market. Each building is situated on a separate parcel. located at the northwest corner of Soquel Drive and Porter Street, two of the major surface streets in Soquel. Soquel Drive carries about 19,000 vehicles per day and Porter Street has traf c counts exceeding 11,000 vehicles per day, providing excellent exposure for tenants at the property. Easy drive to San Jose & Monterey Bay Areas.
Exterior Features

Parking Total 45 Roof Tar/Gravel

Interior Features

Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Business Type Auto TiresCommercialProfessional ServiceRestaurantRetailVariety Gross Scheduled Income 187976 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 10628 Other Expense 18484 Tax Annual Amount 21515 Trash Expense 0 Water Source Public Zoning C-2-GH



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-10T09:36:48.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Gina Carling of David Lyng Real Estate ((831) 438-5700) and Paul Burrowes of ()