229 Laurel ST, Santa Cruz, CA 95060

$1,590,000

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Listed by James Kendall, 831-275-0129 from Baird Partnership, Inc.
(If provided) CoList: from

List Price
$1,590,000
Price Change
▼ $359,000 1773354684
MLS#
ML82029585
Status
ACTIVE
Lot Size
8,015
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

Cooling System
None
Foundation
Other
Garage Parking
Off-Street Parking
Heating System
Other
Lot Size
8,015
Neighborhood
West Santa Cruz
Other Utilities
Other
Present Use
Other
Roof
Flat / Low Pitch
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
CBD-E

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