Property Description

A classic building in the heart of Watsonvilles Central Business District. High vehicle and pedestrian traffic counts, convenient access to a public parking lots. Current Owner has invested an estimated $120K-$140K worth of TIs, repairs, and capital improvements into the building. Since the property is located in the heart of the Downtown District, it falls under the Downtown Watsonville Specific Plan, which encourages compact development near transit to decrease automobile dependency, and provide additional guidance and plans to increasing multimodal access to and from the historic Downtown area. Under a short range plan, you can repurpose the existing building for a broad range of uses ranging from a coffeehouse to a brewery to retail and offices. Or go big out of the gates with a long-range plan to capitalize on the new density bonus programs and go vertical for a mixed-use development with commercial use at street level and up to 5 stories of residential units above.

Features
: Other, Concrete
: Other
: Aluminum Over Tar
Address Map
CA
Santa Cruz
Watsonville
95076
14 E Lake Avenue
0
W122° 14' 32.3''
N36° 54' 42.6''
Prime Downtown Commercial Distr
MLS Addon
Main Street Realtors
Datta Khalsa
datta@mainstrealtors.com
MLL153338
MLL35240

Commercial Sale For Sale

14 E Lake Avenue, Watsonville, California 95076

4,200 Sqft
$695,000
Listing ID #ML81939398
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81939398
Price : $695,000
Square Footage : 4,200 Sqft
Year Built : 1948
Lot Area : 4,225 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent