11111115 Water Street

Santa Cruz, CA 95062

$1,695,000

0.28 acres
Built 1942

Listed by Main Street Realtors · MLS #ML82058745

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Utility service includes a 2-inch gas line, and access to ample power, making it a prime candidate for conversion to Restaurant use, for which the large back lot presents possibilities for patio dining/private events.

Year built

Built in 1942.

Property size

0.28 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Classic Building on 2 Parcels, Ideal for Retail/Restaurant use, Potential Live-Work Space or High-Density Redevelopment in the heart of Midtown, walking distance to the areas popular Arts & Entertainment, Restaurants, Stores & Boutiques. Currently configured as a high-end retail showroom. Will be delivered vacant, w/over $200K invested in recent upgrades/TI's, including ADA access, regular & ADA restrooms, high vaulted ceilings & upscale decor. There is a gated back lot with secure parking for multiple vehicles, with 2 rear-facing roll-ups providing transition to indoor parking, storage or vehicle display by connecting to the front showroom. Utility service includes a 2-inch gas line, and access to ample power, making it a prime candidate for conversion to Restaurant use, for which the large back lot presents possibilities for patio dining/private events. Its also been suggested to keep the front 2000 SF of vaulted showroom in place and add a 2nd story residence to the rear areas of the building to create a live-work environment. Community Commercial Zoning allows for multi-story High-Density mixed use with parking requirements reduced or removed, plus option to pursue a 3-parcel assemblage w/adjacent 115 Catalpa St, on 6,273 SF Parcel, Zoned R1-5, recently listed for $1,299,000

More properties in Santa Cruz

THE NEIGHBORHOOD

Explore the location.

11111115 Water Street, Santa Cruz, CA 95062

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type: CommercialSale
Category: Commercial
Year built: 1942
Zoning: CC
Parcel: 00924312000
Annual property tax: $20,340.00
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Your plans for a property go beyond the purchase. Talk with ERA about the management services available for your property type and market.

Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Discuss property management Talk through your management needs

Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

Contact ERA about this property

Ask about this property.

11111115 Water Street, Santa Cruz, CA 95062 · MLS #ML82058745

I’d like to

Your nameEmail addressPhone number

Your preferred tour

Tour typePreferred datePreferred time

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Price you’d like to discuss ($)Target closing date

Your question

Property inquiries go to help@erabrokers.com.

Listing information

MLS #ML82058745 · California Regional MLS

Listing brokerage: Main Street Realtors
Listing agent: Datta Khalsa

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.