REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by KW Thrive Santa Cruz
$ 2,950,000
Est. payment | /mo
6,508 SqFt
$ 2,950,000
Est. payment | /mo
6,508 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,508 sqft
Price per Sqft $453
MLS Listing ID ML82032670
HOA Y/N No
Year Built 1981
Lot Size 0.465 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
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 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.
Location
State CA
County Santa Cruz
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
Water Public
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Nearby Locations
GET MORE INFORMATION
Melanie Peterson-Katz
Partner | Lic# 00890767