14 E Lake Avenue , Watsonville, CA 95076
Watsonville, CA 95076
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.
Details
| MLS# | ML81939398 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 415 |
| Listing Provided By | Main Street Realtors 831-462-4000 | Datta Khalsa |
Features
| SQ Feet | 4,200 |
|---|---|
| Story(s) | 1 |
| Zoning | CCA |
| Acreage | 0.10 |
Market Activity 95076
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Watsonville |
| Zip Code | 95076 |
| Area | 699 Not Defined |
| Listing VS Median (in 95076) | |
Price: $875,000 low | high Med: $1,075,000 SqFt: 4,200 low | high Med: 1,749 $ / SqFt: $208 low | high Med: $615 On Site: 415 low | high Med: 102.500000 | |