1487 Freedom Blvd - Fast Food FOR SALE


Watsonville, CA 95076
$2,900,000 USD
831-275-0129
1487 Freedom Blvd, Watsonville, CA for Sale
$2,900,000 USD
Fast Food - FOR SALE
1/17
null | Request Cap Rate

NEW


1487 Freedom Blvd
Watsonville, CA 95076


HIGHLIGHTS

  • Ideal Redevelopment Potential
  • Strategic Location
  • Abundant Retail
  • Thriving Community

OVERVIEW

Mahoney & Associates is pleased to present for the first time on the market a +/- 3,631 SF vacant restaurant building with a drive-thru on +/- 19,000 SF lot. Originally constructed as a Foster’s Freeze quick-serve restaurant, the property benefits from a signalized hard intersection with over 25,000 VPD, an existing drive thru queue in a trade area where drive-thrus are hard to come by, a fully functional kitchen area with the possibility of purchasing the FF&E, and abundant off-street parking. Directly across from the subject property Eden Housing, a major non-profit housing developer has broken ground on the construction of the new 53-unit Tabasa Gardens apartment complex featuring a combination of one-bedroom, two-bedroom, and three bedroom units. FOR SALE & FOR LEASE

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$799 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Restaurant Building with Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,161 SF

ZONING

-

APN/PARCEL ID

016-033-06-000

ASK ABOUT THIS PROPERTY

James KendallMahoney & AssociatesMore Info
831-275-0129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

James KendallMahoney & AssociatesMore Info
831-275-0129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.