14 E LAKE AVE
WATSONVILLE, CA 95076
$875,000
N/A Beds
0 Baths
4,200 Sq Ft
Status Active Under Contract
MLS# ML81939398
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.
Details for 14 E LAKE AVE
Built in 1948
$208 / Sq Ft
0 parking spaces
None
Central Forced Air - Gas
280 Days on website
0.097 acres lot
Area Information for 14 E LAKE AVE
