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Listed by Baird Partnership, Inc.
$ 1,590,000
Est. payment /mo
Active
229 Laurel Street Santa Cruz, CA 95060
1,152 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $1,380
MLS Listing ID ML82029585
HOA Y/N No
Year Built 1948
Lot Size 8,015 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
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
Interior
Fireplace No
Building
Water Public