$ 3,500,000
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$3,500,000
Price -
0
Bed -
0
Bath -
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SqFt
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About the Listing ML35586 - ML5072974
Rare redevelopment and investment opportunity in the Pleasure Point Commercial Corridor within a designated Opportunity Zone. Situated along Portola Drive in the heart of Pleasure Point, this high-visibility property includes an existing medical office building and an adjoining vacant lot, creating a unique opportunity for investors, developers, or owner-users seeking a strategic coastal location with long-term upside. The single-story building is currently configured as a chiropractic office with multiple treatment rooms and a flexible layout suitable for medical, wellness, or professional use. Strong street frontage and a generous on-site parking lot provide excellent visibility and accessibility along one of the areas prime commercial corridors. Preliminary architectural concepts have been explored for a 40± unit mixed-use development, presenting a compelling opportunity to reposition, redevelop, or land bank in a coastal market where development sites are increasingly limited. Located approximately three blocks from the iconic Pleasure Point surf break at The Hook and minutes from Capitola Village, the property sits within one of Santa Cruz County's most desirable coastal communities, surrounded by vibrant retail, restaurants, and year-round beach culture.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Commercial Sale
MLS ®
ML82038868
Year Built
Total Square Footage
0
Lot/Acreage
0.49
County
Santa Cruz
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
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- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: C-2
- Roof:
- Others:
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 03205122
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
3811 Portola Dr Santa Cruz, CA 95062
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