About 11111115 Water Street
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
Features of 11111115 Water Street
| MLS® # | ML82058745 |
|---|---|
| Price | $1,695,000 |
| Bathrooms | 0.00 |
| Acres | 0.28 |
| Year Built | 1942 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 11111115 Water Street |
|---|---|
| Area | 699 - Not Defined |
| City | Santa Cruz |
| County | Santa Cruz |
| Zip Code | 95062 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Composition, Shingle |
|---|
Additional Information
| Date Listed | August 23rd, 2026 |
|---|---|
| Days on Market | 23 |
| Zoning | CC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Datta Khalsa |
|---|---|
| Office | Main Street Realtors |