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129 Water St
For Sale $975,000
$975,000
- Units
- Unknown Sq Ft
- 3,049 Sq Ft
- Unknown Cap Rate
Description
129 Water Street presents a rare opportunity to own a freestanding commercial office building in the heart of downtown Santa Cruz. Whether you're an owner/user looking to establish your business in a prime location or an investor seeking a well-situated leasing asset, this property offers both immediate utility and long-term upside. As currently configured, the building features 10 offices, 2 conference rooms, a large reception area, and modern infrastructure, including controlled door access, security cameras, and prominent street signage. With 4 on-site parking spaces and excellent walkability to all that Downtown Santa Cruz has to offer, this location supports a wide range of professional uses. Delivered vacant at close of escrow, the property is move-in ready for an owner-occupant or ready for its next tenant. Located in a high-visibility corridor, this is a strategic acquisition for businesses or investors seeking strong fundamentals in a supply-constrained market.
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 | $975,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 4 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 00636405000 |
| MLS # | ML82015592 |
| Property ID | 322008126 |
| Lot Sqft | 3,049 |
| Zoning | CBD |
| Days on Market | 211 |
| Original List Price | $975,000 |
| Date Updated | February 17, 2026 |
| Date Created | July 23, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Greg Lukina an agent of . Lic #01949291
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 17, 2026 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.
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Robert Crawford
REAL ESTATE AGENT