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Listed by Main Street Realtors, Datta Khalsa, Gregg Camp Listing Contact: 831-818-0181
3,312 sqft

$1,695,000

1111-1115 Water ST, Santa Cruz CA, 95062

Price per sqft$511.78
Built in1942
Property size3,312 sqft
Property typeCommercial

Overview

Active

Listed Aug 23, 2026

Updated 3 weeks ago

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

Additional information

MLS® ID
ML82058745

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres
MLS provider logo

Listed by Main Street Realtors, Datta Khalsa DRE:01161050, Gregg Camp
Listing Contact: 831-818-0181 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Paul Burdick | CA DRE# 00877117 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:53 AM UTC, 8/25/2026

 

 

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