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Listed by Troy Hinds • David Lyng Real Estate
$ 1,249,000
Est. payment | /mo
4,490 SqFt
$ 1,249,000
Est. payment | /mo
4,490 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,490 sqft
Price per Sqft $278
MLS Listing ID ML81998291
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1937
Lot Size 9,975 Sqft
Property Sub-Type Comm Ind For Sale
Property Description
Five (5) unit mixed-use retail and value-add redevelopment opportunity in Downtown Watsonville. Over 7.00% Proforma Cap Rate. Flexible month-to-month current leases. Situated on a 9,975 SF corner lot with excellent visibility and frontage one-block from the corner of Main St and Freedom Blvd. Front Building consists of 2,590 SF of retail space divided into two (2) primary retail suites, each with their own bathroom: 771 and 771-A. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. Rear Building includes 1,900 SF of industrial/commercial storage currently divided into three (3) units: 771-B, C, and D each with six (6) high-lift garage doors. Unit B incorporates an additional front office, bonus room and private bathroom.
Location
State CA
County Santa Cruz
Interior
Heating Electric, Space Heater
Fireplace No
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