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… Read More 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. Read Less
Listed by Baird Partnership, Inc., James Kendall 831-275-0129
Listing Snapshot
Days Online
2
Last Updated
Property Type
Commercial Property
Square Ft.
1,152
Lot Size
0.18 Acres
Year Built
1948
MLS Number
ML82029585
30 Days Snapshot Of 95060
$1.37M
+6%
(avg) sold price
14
+16%
homes sold
52
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8015.00, Max Area Units: Square Feet, 0 yard square feet, Lot is 0.18399908172635 acres
Accessibility Features
Parking
Building
1,152 structure square feet, 1,150 net leasable square feet, 0 warehouse square feet, Built in 1948, Age: 77
Cooling
None
Foundation
Other
Garage
Off-Street Parking
Water Features
Public
Heating
Other
Interior Features
Minimum ceiling height: 10
Tenant Pays
Other
Miscellaneous
Total expenses: 0
Parking
15 parking spaces
Property
Zoning: CBD-E
Roof
Flat / Low Pitch
Security Features
Other
Taxes
Annual tax amount: $0
Utilities
Other, None
Sewer
Sewer - Public
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