Drive-In Restaurant Redevelopment
229 Laurel St Santa Cruz, CA 95060
229 Laurel St, Santa Cruz, CA, 95060
$1,590,000
For Sale
$1,590,000
Corner, signal-adjacent parcel with existing drive-in restaurant improvements and strong visibility for continued use or redevelopment.
Days on Market89
Property Features for 229 Laurel St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1948
Listing agency
Mahoney & Associates Commercial Real Estate
(831) 275-0129
Listed by
James Kendall
(831) 275-0129
Source
Elliman
Added: Apr 24 Updated: Jul 21 at 3:08AM Checked: Jul 21 at 3:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mahoney & Associates Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 229 Laurel St. is a legacy drive-in restaurant site offered for sale as a redevelopment-focused parcel. It includes in-place improvements that support interim income and provide a foundation for future mixed-use or multifamily development consistent with the City’s recently adopted downtown expansion framework.
The site is described as a corner/near-corner, signal-adjacent location with prominent signage and easy ingress/egress, designed to serve both current drive-in operations and higher-density development plans. The property is positioned near the Downtown/SoLa transition area and is described as within walking distance of Pacific Avenue, the San Lorenzo Riverwalk, Kaiser Permanente Arena, and the broader downtown core, supporting both neighborhood and regional traffic. BikeScore is listed at 85 (Very Bikeable) and WalkScore at 90 (Walker’s Paradise), with TransitScore of 47 (Some Transit).
The site is described as a corner/near-corner, signal-adjacent location with prominent signage and easy ingress/egress, designed to serve both current drive-in operations and higher-density development plans. The property is positioned near the Downtown/SoLa transition area and is described as within walking distance of Pacific Avenue, the San Lorenzo Riverwalk, Kaiser Permanente Arena, and the broader downtown core, supporting both neighborhood and regional traffic. BikeScore is listed at 85 (Very Bikeable) and WalkScore at 90 (Walker’s Paradise), with TransitScore of 47 (Some Transit).
Key Highlights
- Year built 1948 with existing drive‑in restaurant improvements on a corner/near‑corner parcel
- Signal‑adjacent location with prominent signage plus easy ingress/egress for continued drive‑in QSR use
- Strong visibility with street‑facing exposure designed to support current operations and future redevelopment
Property Analytics
Location Intelligence
Current Use by Public Records
Fosters Freeze
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Corner, signal-adjacent parcel with existing drive-in restaurant improvements and strong visibility for continued use or redevelopment.
Where is this conventional restaurant located?
The property is located at 229 Laurel St Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Year built 1948 with existing drive‑in restaurant improvements on a corner/near‑corner parcel; Signal‑adjacent location with prominent signage plus easy ingress/egress for continued drive‑in QSR use; Strong visibility with street‑facing exposure designed to support current operations and future redevelopment
