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.
MLS #
ML81939398
MLS Source
MLSListings, Inc.
Days on Site
394
Loading Facility
DoorDelivery
Parking Spaces
0
Present Use
Commercial, Manufacturing - Light, Retail
Utilities
Natural Gas Available, Public Utilities
Flooring
Concrete, Other, Tile
Cooling
None
Heating
Central Forced Air - Gas
Roof
Aluminum Over Tar, Barrel / Truss
Foundation
Slab
Zoning
CCA
14 E Lake Ave is a Commercial Sale in Watsonville, CA 95076. This 4,200 square foot property sits on a 4,225 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $775,000 and was built in 1948.
This address can also be written as 14 E Lake Ave, Watsonville, CA 95076.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of November 25, 2024. For the most current information, please contact Datta Khalsa, (831) 818-0181