Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive… Read More infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn. Read Less
Courtesy of KW Thrive Santa Cruz, The Portola Group 831-440-8367
Listing Snapshot
Days Online
65
Last Updated
Property Type
Commercial Property
Square Ft.
6,508
Lot Size
0.46 Acres
Year Built
1981
MLS Number
ML82032670
30 Days Snapshot Of 95060
$1.56M
-2%
(avg) sold price
17
-10%
homes sold
35
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 20255.00, Max Area Units: Square Feet, 14,000 yard square feet, Lot is 0.46499081726354 acres
Accessibility Features
Bathroom Features, Elevator / Lift, Wheelchair Access
Building
6,508 structure square feet, 6,508 net leasable square feet, 0 warehouse square feet, Built in 1981, 1 building, Age: 45
Cooling
Central Forced Air - Gas
Foundation
Concrete Slab
Garage
Assigned Spaces, Guest / Visitor Parking
Water Features
Public
Heating
Forced Air
Interior Features
Minimum ceiling height: 25
Tenant Pays
All Expenses
Miscellaneous
Business name: Santa Cruz Vac & Sew, 1 tenant, Total expenses: 0
Parking
22 parking spaces
Property
Zoning: MU-VH
Roof
Metal
Security Features
Video / Audio System
Taxes
Annual tax amount: $0
Utilities
Natural Gas, Master Electric, Master Gas, Master Water
Sewer
Sewer - Public
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