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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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129 Water Street, Santa Cruz – $975,000

  • $975k Price
  • .07 Acres
  • 170 DOM
  • $975k Price
  • .07 Acres
  • 170 DOM

129 Water Street

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.

Essential Information

  • MLS® #ML82015592
  • Price$975,000
  • Bathrooms0.00
  • Acres0.07
  • Year Built1960
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address129 Water Street
  • Area699 - Not Defined
  • CitySanta Cruz
  • CountySanta Cruz
  • Zip Code95060

Amenities

  • UtilitiesNatural Gas Available
  • Parking Spaces4

Interior

  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1

Exterior

  • RoofFlat

Additional Information

  • Date ListedJuly 23rd, 2025
  • Days on Market170
  • ZoningCBD

Listing Details

  • AgentGreg Lukina
  • OfficeDavid Lyng Real Estate
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Greg Lukina, David Lyng Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of January 20th, 2026 at 3:56pm PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.