Millman Team Real Estate

$650,000
0.10 Acre Lot

14 E Lake Avenue, Watsonville, California 95076

  • Commercial Sale Property Type
  • 1948 Year Built
Property Description

A classic building in the heart of Watsonvilles Central Business District. High vehicle and pedestrian traffic counts, convenient access to a public parking lots. Current Owner has invested an estimated $120K-$140K worth of TIs, repairs, and capital improvements into the building. Since the property is located in the heart of the Downtown District, it falls under the Downtown Watsonville Specific Plan, which encourages compact development near transit to decrease automobile dependency, and provide additional guidance and plans to increasing multimodal access to and from the historic Downtown area. Under a short range plan, you can repurpose the existing building for a broad range of uses ranging from a coffeehouse to a brewery to retail and offices. Or go big out of the gates with a long-range plan to capitalize on the new density bonus programs and go vertical for a mixed-use development with commercial use at street level and up to 5 stories of residential units above.

Basic Details
Commercial Sale
For Sale
ML81939398
$650,000
1948
0.10 Acre
Active
: Barrel
Features
: None
: Natural Gas Available
$0
Address Map
CA
Santa Cruz
Watsonville
95076
Lake
14
Avenue
Prime Downtown Commercial District Location, at Main St and East Lake Cross Street: Main Street
699 - Not Defined
E
CCA
Additional Information
$0
$0
$0
$0
$0
4200
Commercial, Industrial, Retail, Warehouse
: Commercial
2023-08-22
695000
1
https://14eastlakeavenue1796503mls.f8re.com/Website/Index
Broker/Agent Information
Main Street Realtors
Datta Khalsa
Financial
9375.0
Listing Information
Jose L. Marquez
ML5091379
ML5099613
Jose Marquez Real Estate, Inc.
ML153338
ML35240
Active
2025-09-06T06:15:15Z
CRMLS
2024-07-22T17:00:00Z
Agent info
Ray Millman
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