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.
MLS #
ML82032670
MLS Source
MLSListings, Inc.
Days on Site
4
# Buildings / # Units
1
Parking Spaces
22
Present Use
Retail
Utilities
Natural Gas Available, Water - Public
Cooling
Central Forced Air - Gas
Heating
Forced Air
Roof
Metal
Foundation
Slab
Sewer
Public Sewer
Water
Public
Zoning
MU-VH
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
806 Ocean St is a Commercial Sale in Santa Cruz, CA 95060. This 6,508 square foot property sits on a 0.465 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,275,000 and was built in 1981. This address can also be written as 806 Ocean St, Santa Cruz, CA 95060.
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This listing information is up-to-date as of January 27, 2026. For the most current information, please contact The Portola Group, (831) 440-8367