14 E Lake Ave, WATSONVILLE, CA

$875,000

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4,200

Square feet

0.10

Acres

About 14 E Lake Ave

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.

Features of 14 E Lake Ave

MLS® # ML81939398
Price $875,000
Square Footage 4,200
Square Footage Other
Acres 0.10
Year Built 1948
Type Common Interest
Sub-Type Commercial Property
Status Contingent

Community Information

Address 14 E Lake Ave
Area Watsonville
City WATSONVILLE
County Santa Cruz
State CA
Zip Code 95076

Amenities

Utilities Individual Gas Meters, Public Utilities, Individual Electric Meters, Garbage Collection, Natural Gas
Is Waterfront No

Interior

Heating Central Forced Air - Gas
Cooling No Cooling
Fireplace No
# of Stories 1

Exterior

Roof Aluminum Over Tar, Barrel/Truss
Foundation Concrete Slab

Additional Information

Zoning CCA
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDatta Khalsa
OfficeMain Street Realtors
Contact Info831-818-0181

Listing Map

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