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$695,000

Est. payment - /mo

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4,200 SqFt

Price Dropped by $80K

14 E Lake AVE Watsonville, CA 95076

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Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

01/14/2025 05:51 PM

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $165

MLS Listing ID ML81939398

Originating Board MLSListings, Inc.

Year Built 1948

Lot Size 4,225 Sqft

Property Sub-Type Commercial Property

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.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning CCA

Interior

Heating Central Forced Air - Gas

Cooling None

Flooring Concrete, Tile, Other

Exterior

Parking Features Other

Utilities Available Garbage Collection, Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Roof Type Aluminum Over Tar,Barrel / Truss

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Individual Water Meter

Others

Tax ID 017-022-47-000

Special Listing Condition Not Applicable

Listed by Datta Khalsa • Main Street Realtors

MORTGAGE CALCULATOR

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"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA