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$ 1,600,000
$ 1,750,000 8.6%
Est. payment /mo
Sold on 05/14/2025
251255 E Lake AVE Watsonville, CA 95076
0.42 Acres Lot
UPDATED:
Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81988937
Sold Date 05/14/25
HOA Y/N No
Year Built 1957
Annual Tax Amount $15,000
Lot Size 0.418 Acres
Property Description
Great commercial property near downtown Watsonville. This property has one main house divided into several rooms serving as a counseling center. There are 2 separate offices as well on that parcel. The second parcel consists of seven retail stores of various square footages and different businesses. The two parcels are to be sold together as they have a common parking lot with 20 shared spaces. This is a very convenient and busy location and the businesses seem to be doing well. Most tenants have been there for some time. Some units are leased and others are month to month. City of Watsonville has information regarding any development of property. Total lot sizes may allow for multistory units. There is access to alley in rear for egress. Buyer to check with all necessary departments if considering further development.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning neighborhood commercial
Interior
Heating Space Heater
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Composition
Total Parking Spaces 20
Building
Lot Description Level
Water Public
Schools
School District Other
Others
Tax ID 01825211
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
Listed by Vicki Malandra David Lyng Real Estate
Bought with Justin McNabb Keller Williams Realty Santa Cruz
Bought with Justin McNabb Keller Williams Realty Santa Cruz