$695,000

14 E Lake Avenue, Watsonville, CA 95076

  • 4,200 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $165/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
August 22, 2023 at 05:00AM
Listing Office:
Main Street Realtors : 831-462-4000
Listing Agent:
Datta Khalsa : 831-818-0181
MLS ID:
ML81939398
  • Flooring: ConcreteOther
  • Eco/Green Feature: Low Flow Toilet

This listing courtesy of Datta Khalsa, Main Street Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Radcliff Elementary

550 Rodriguez St, Watsonville, CA, 95076

Grades KG-5

0.18 miles away

P

Pvusd Virtual Academy

250 E Beach St, Watsonville, CA, 95076

Grades KG-12

0.30 miles away

P

Pvusd Virtual Academy

250 E Beach St, Watsonville, CA, 95076

Grades KG-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.