753 E Lake Ave - Freestanding FOR SALE


Watsonville, CA 95076
$1,350,000 USD
510-206-6526
753 E Lake Ave, Watsonville, CA for Sale
$1,350,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

NEW


753 E Lake Ave
Watsonville, CA 95076


HIGHLIGHTS

  • Heavy Day Time Foot Traffic
  • Large Lot
  • New Development Opportunity

OVERVIEW

753 E Lake Ave, Watsonville, CA 95076 Rare opportunity to acquire a highly visible commercial corner property in the heart of Watsonville. Situated on a large approximately 17,163 SF flat lot with excellent frontage along busy East Lake Avenue, this freestanding commercial building offers tremendous potential for investors, owner-users, or redevelopment. The property is currently configured for automotive/tire service use and includes roll-up doors, office/storage areas, and abundant on-site parking. Existing automotive use makes this an attractive opportunity for tire service, auto repair, smog, detail, or related automotive operations (buyer to verify permitted uses with the City of Watsonville). Zoned CN – Neighborhood Commercial, the property may also support a wide variety of neighborhood-serving commercial uses including retail, restaurant, office, medical, convenience market, and service-oriented businesses. The large corner parcel and strong traffic exposure create excellent long-term redevelopment potential. Property Highlights: • Approx. 1,117 SF freestanding commercial building • Approx. 17,163 SF corner lot • High visibility location on East Lake Ave • Existing automotive service layout • Roll-up doors and on-site parking • Strong traffic counts and exposure • Zoned CN – Neighborhood Commercial • Potential owner-user or redevelopment opportunity Excellent opportunity for investors, developers, or business owners seeking a strategic commercial location in Watsonville.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$1,209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

CN

APN/PARCEL ID

018-203-14-000

ASK ABOUT THIS PROPERTY

510-206-6526

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510-206-6526

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