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229 Laurel St
For Sale $1,949,000
$1,949,000
- Units
- Unknown Sq Ft
- 8,015 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,949,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 15 spots |
| Year Built | 1948 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 00702101000 |
| MLS # | ML82029585 |
| Property ID | 322456249 |
| Lot Sqft | 8,015 |
| Zoning | CBD-E |
| Days on Market | 59 |
| Original List Price | $2,195,000 |
| Date Updated | February 13, 2026 |
| Date Created | December 17, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
James Kendall an agent of . Lic #02010395
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 13, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT