Log In/Sign Up
Your email has been sent.
3811 Portola Dr
Santa Cruz, CA 95062
Office Property For Sale
Investment Highlights
- Pleasure Point Commercial Corridor
- Development Potential
- Flat Lot
Executive Summary
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 area’s 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.
Buyer to verify zoning, development potential, and Opportunity Zone benefits with appropriate government agencies.
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 area’s 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.
Buyer to verify zoning, development potential, and Opportunity Zone benefits with appropriate government agencies.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,764 SF
Building Class
B
Year Built
1956
Price
$4,770,290 CAD
Price Per SF
$1,725.86 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,764 SF
Slab To Slab
9’
Building FAR
0.13
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
18 Spaces (6.51 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 032-051-22-000 | Improvements Assessment | $404,672 CAD |
| Land Assessment | $1,174,534 CAD | Total Assessment | $1,579,206 CAD |
Property Taxes
Parcel Number
032-051-22-000
Land Assessment
$1,174,534 CAD
Improvements Assessment
$404,672 CAD
Total Assessment
$1,579,206 CAD
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
