217 E Lake Ave - Office FOR SALE


Watsonville, CA 95076
$1,000,000 USD
831-600-5581
217 E Lake Ave, Watsonville, CA for Sale
$1,000,000 USD
Office - FOR SALE
1/78
null | 5.04% Cap Rate

217 E Lake Ave
Watsonville, CA 95076


HIGHLIGHTS

  • Downtown Watsonville - Close to Amenities
  • Large Parking Lot
  • Multi-tenant Building provide flexibility for Owner User or Investor

OVERVIEW

VERSATILE COMMERCIAL OPPORTUNITY IN A PRIME WATSONVILLE LOCATION - ideal for both investors and owner-users seeking flexibility and long-term upside. Situated on a 9,104 SF lot, this 3,747 SF multi-suite property is currently configured with 7 individual offices and 1 medical suite, offering a rare blend of income potential and functional layout. Perfect for an owner-occupant looking to establish a presence with income potential or for an investor seeking a stable, multi-tenant asset in a central location. The flexible suite configuration allows for a variety of uses including professional offices, medical, wellness, or creative workspace. Multiple entry points and well-proportioned suites provide the ability to lease individually or reconfigure to suit a larger single-user footprint. Ample on-site parking and strong street presence along E Lake Avenue enhance accessibility and visibility for tenants, clients, and customers alike. Positioned in a high-demand corridor with convenient access to Highway 1 and nearby amenities, this property offers both immediate usability and long-term growth potential. Whether you're expanding your business, diversifying your portfolio, or securing a strategic location, 217 E Lake presents a compelling opportunity in the heart of Watsonville.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

5.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,104 SF

ZONING

DWSP

APN/PARCEL ID

018-251-18-000

ASK ABOUT THIS PROPERTY

Greg LukinaDavid Lyng Real EstateMore Info
831-600-5581

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Greg LukinaDavid Lyng Real EstateMore Info
831-600-5581

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