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