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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

229 Laurel Street, Santa Cruz – $1,590,000

  • $1.6M Price
  • .18 Acres
  • 92 DOM
  • $1.6M Price
  • .18 Acres
  • 92 DOM

229 Laurel Street

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.

Essential Information

  • MLS® #ML82029585
  • Price$1,590,000
  • Bathrooms0.00
  • Acres0.18
  • Year Built1948
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address229 Laurel Street
  • Area699 - Not Defined
  • CitySanta Cruz
  • CountySanta Cruz
  • Zip Code95060

Amenities

  • UtilitiesOther
  • Parking Spaces15

Interior

  • CoolingNone
  • # of Stories1

Exterior

  • RoofFlat

Additional Information

  • Date ListedDecember 17th, 2025
  • Days on Market92
  • ZoningCBD-E

Listing Details

  • AgentJames Kendall
  • OfficeBaird Partnership, Inc.
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Price Change History for 229 Laurel Street, Santa Cruz, (MLS® #ML82029585)

Date Details Change
Price Reduced from $1,949,000 to $1,590,000 $359,000 (18.42%)
Price Reduced from $2,195,000 to $1,949,000 $246,000 (11.21%)

James Kendall, Baird Partnership, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2026 at 1:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.