Active

14 E Lake AVE

WATSONVILLE CA, 95076

$775,000


$184.52 per sqft

Active

4,200 sqft

Commercial

Built in 1948

Listed by Main Street Realtors, Datta Khalsa, Listing Contact: 8318180181

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.

ML81939398

MLS ID

August 22, 2023

Listed

November 25, 2024

Updated

Map

14 E Lake AVE
WATSONVILLE CA, 95076

Interior Features

Total Stories

1


Interior Features

Concrete, Tile


Floor Description

Concrete, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.1 Acres

Other Property Details

Area Name

Watsonville


Garage

No


View

No


County

Santa Cruz


Pool

No


Zoning

CCA

Listing History

Date

Event

Price

10/11/2024

Price change

$775,000

-12%

7/23/2024

Active

5/6/2024

Under contract

Listed by Main Street Realtors, Datta Khalsa,
Listing Contact: 8318180181 

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Data last updated 9:25 PM UTC, 11/25/2024

 

 

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