CA
Santa Cruz
WATSONVILLE
95076
14 E Lake AVE
14 E Lake AVE, WATSONVILLE, CA 95076
Listing Type
commercial/industrial
Listing Status
contingent
40
$875,000

Home Details for 14 E Lake AVE

Price
$875,000
Type
Commercial
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1948
Lot size acres
0.0970
County
Santa Cruz
Garage
Days on site
331
MLS Listing#
ML81939398
Listing courtesy: Main Street Realtors - 831-462-4000
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.

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Property Features
  • Utilities
    • Garbage Collection
    • Individual Electric Meters
    • Individual Gas Meters
    • Natural Gas
    • Public Utilities
  • Cooling Information
    • None
  • Heating Information
    • Central Forced Air - Gas
  • House Interior
    • None
. Presented by: Datta Khalsa
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Median Listing Price
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Market statistics compiled from data from MLSListings.
EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
Office
408 778 9990
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