229 Laurel ST, Santa Cruz, CA 95060
- $1,590,000
- List Price
- $1,590,000
- MLS#
- ML82029585
- Status
- ACTIVE
- Property Type
- com
- Listing Area
- West Santa Cruz
- 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.
Additional Information
- Age
- 77
- Cooling System
- None
- Foundation
- Other
- Garage Parking
- Off-Street Parking
- Heating System
- Other
- County
- Santa Cruz
- Neighborhood
- West Santa Cruz
- Other Utilities
- Other
- Present Use
- Other
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Special Features
- Parking
- Unincorporated Yn
- Yes
- Zoning
- CBD-E
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Listing courtesy of James Kendall from Baird Partnership, Inc.. 831-275-0129
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