229 Laurel Street, Santa Cruz, CA 95060
List Price: $1.59M
Listing Status: Active
Original List Price: $2.19M
0Days on Market: 195
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1948
Lot Size: 8,015 sq ft
MLS Number: ML82029585
About This Property
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.
Listing provided by: James Kendall DRE #02010395 831-646-1919 jkendall@mahoneycommercial.com, Baird Partnership, Inc.
Source: CRMLS, MLS #: ML82029585
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.