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    14 E Lake Avenue

    WATSONVILLE, CA 95076
    • $790,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: ML81831414
    UPDATED: 24 min ago
    $790,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,225
      SQFT
    • $187
      $/SQFT
    Type:
    Commercial
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Great opportunity for either an investor or owner/operator here: A classic building in the heart of Watsonville's Central Business District with high vehicle and pedestrian traffic counts, plus convenient access to public parking lot for customers and employees alike. Seller is also the owner and operator of the business, selling the real estate to raise operating capital for expanding the business in multiple locations, with flexible terms for a wide range of options at this location. Property can be delivered either vacant or Seller will lease it back at Fair Market rate of $4900 per month for 1 year with a 4-year option to renew. Owner has invested an estimated $120K-$140K worth of TI's, repairs and capital improvements into the building. Repairs and capital improvements are included, while business assets (Furnishings, Trade Fixtures and Equipment) are not included in the price of the real estate. If desired, the business assets can be purchased for an additional $75,000.

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-17T22:40:32.347.

    www.stevebhalla.com/homes/114531539
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    14 E Lake Avenue WATSONVILLE, CA 95076

    • Price: $790,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: ML81831414
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,225
    SQFT
    $187
    $/SQFT
    1948
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Cruz
    Area:
    All Other Counties/States
    Property Description
    Great opportunity for either an investor or owner/operator here: A classic building in the heart of Watsonville's Central Business District with high vehicle and pedestrian traffic counts, plus convenient access to public parking lot for customers and employees alike. Seller is also the owner and operator of the business, selling the real estate to raise operating capital for expanding the business in multiple locations, with flexible terms for a wide range of options at this location. Property can be delivered either vacant or Seller will lease it back at Fair Market rate of $4900 per month for 1 year with a 4-year option to renew. Owner has invested an estimated $120K-$140K worth of TI's, repairs and capital improvements into the building. Repairs and capital improvements are included, while business assets (Furnishings, Trade Fixtures and Equipment) are not included in the price of the real estate. If desired, the business assets can be purchased for an additional $75,000.
    Exterior Features

    Garage Or Parking Other Parking Spaces Total 0 Roof Aluminum Over Tar

    Interior Features

    Floors Concrete SlabOther

    Property Features

    Annual Taxes 9375 Building Type Comm Ind For Sale Commercial Type CommercialIndustrial WarehouseRetailService Energy Saving Feature Low Flow Toilet Net Operating Income 42025 Tenant Expenses ElectricGasTrash Tot Bldg Sq Ft 4200 Zoning Cca

    Listing courtesy of Datta Khalsa of Main Street Realtors.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-17T22:40:32.347.

     
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