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1 1 Davenport Ave
For Sale $3,800,000
$3,800,000
- Units
- Unknown Sq Ft
- 11,674 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,800,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 50 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 05808226 |
| MLS # | ML81985633 |
| Property ID | 321017342 |
| Lot Sqft | 11,674 |
| Zoning | C-1 |
| Days on Market | 19 |
| Original List Price | $3,800,000 |
| Date Updated | November 07, 2024 |
| Date Created | November 03, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Kathleen Zech an agent of . Lic #01883107
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 07, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT