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$ 2,195,000
Est. payment /mo
New
229 Laurel ST Santa Cruz, CA 95060
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82029585
HOA Y/N No
Year Built 1948
Property Description
229 Laurel St. Santa Cruz, is a legacy drive-in restaurant site in the heart of the Downtown/SoLa transition area that is now strategically positioned for higher-intensity mixed-use redevelopment under the Citys recently adopted downtown expansion framework. The property offers a rare combination of strong existing foot and vehicle traffic, corner visibility, and near-term upside as surrounding blocks transition to taller, denser residential and entertainment uses. * Corner/near-corner, signal-adjacent parcel with strong visibility, prominent signage, and easy ingress/egress supporting both current QSR operations and future high-density development. Walkable to Pacific Avenue, the San Lorenzo Riverwalk, Kaiser Permanente Arena, and the broader downtown core, capturing both neighborhood and regional traffic. Exceptional covered-land play: in-place improvements provide interim income potential while the surrounding district transitions under the Downtown Plan Expansion, offering a clear path to long-term mixed-use or multifamily redevelopment consistent with the Citys growth objectives.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning CBD-E
Interior
Cooling None
Fireplace No
Exterior
Utilities Available Other
Roof Type Flat
Total Parking Spaces 15
Building
Story 1
Water Public
Others
Tax ID 00702101000
Listed by James Kendall Baird Partnership, Inc.