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14 E Lake Ave Watsonville, CA, 95076
$875,000 $76,000 Commercial under contract Comm Ind For Sale
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.
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Property details
4,200 sqft interior area
Land area
4,225 sqft (0.10 acres)
Days on Verhouse
270
Address
14 E Lake Ave, Watsonville, CA, 95076
City of California
Watsonville
County
Santa Cruz
Year Built
1948
District
Listing
Virtual Tour
Nearby major retailers
7-Eleven
The Home Depot
Kmart
Safeway
Walgreens
O'Reilly Auto Parts
Big Lots
Convenience: 2
Do it yourself: 1
Department store: 2
Supermarket: 1
Chemist: 1
Car parts: 1
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Interior Features
Concrete, Other floors
Roof
Aluminum
Floor Covering
Concrete, Other
Garage & Parking
Other
Listed by
Datta Khalsa, Main Street Realtors
Name
Datta Khalsa
License number
01161050
Brokerage company
Main Street Realtors
MLS #
ML81939398
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Calculate your monthly payments
Mortgage
$2,687
Taxes
$0
HOA dues
$0
Mortgage
$175,000 / 20%
2.28%
30 years
Your amount
$2,687 / month
Lot details
TMK #01702247000
Parcel nr.
01702247000
95076 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95076
50%
Families with children
National average: 39%
21%
Non family households
94,696
Population
$73,599
Average Income
Age & gender
Median age 32 years
More info
Commute types
84% commute by car
More info
Education level
32% have not graduated education
More info
Number of employees
17% work in education and healthcare
More info
Vehicles available
39% have 3 or more
More info
Vehicles by gender
39% have 3 or more
More info
Housing market insights for
$855.1k
Neighborhood average
sales price*
sales price*
$667k
Neighborhood median
sales price*
sales price*
83
Number
of sales*
of sales*
Housing type
64% are single detacheds
More info
Rooms
45% of the houses have 4 or 5 rooms
More info
Bedrooms
72% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are owners
More info
18.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Under contract May 6, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 6, 2024 | Under contract | $875,000 | 0 | MLS #ML81939398 |
| Sep 3, 2023 | For sale | $875,000 | 0 | MLS #ML81939398 |
| Sep 3, 2023 | Price Increase | $875,000 +9.51% | 0 | MLS #ML81939398 |
| Aug 22, 2023 | Pending | $799,000 | 0 | MLS #ML81939398 |
| Aug 22, 2023 | New Listing | $799,000 | 0 | MLS #ML81939398 |
| Jun 28, 2023 | Unavailable | $799,000 | 0 | MLS #ML81831414 |
| May 30, 2023 | For sale | $799,000 | 0 | MLS #ML81831414 |
| Apr 13, 2023 | Under contract | $799,000 | 0 | MLS #ML81831414 |
| Oct 4, 2022 | For sale | $799,000 | 0 | MLS #ML81831414 |
| Jul 20, 2022 | Under contract | $799,000 | 0 | MLS #ML81831414 |
| Apr 19, 2022 | For sale | $799,000 | 0 | MLS #ML81831414 |
| Apr 19, 2022 | Price Increase | $799,000 +1.14% | 0 | MLS #ML81831414 |
| Mar 14, 2022 | Under contract | $790,000 | 0 | MLS #ML81831414 |
| Jan 13, 2022 | Unavailable | $790,000 | 0 | MLS #ML81831414 |
| Dec 18, 2021 | Price Increase | $790,000 +5.33% | 0 | MLS #ML81831414 |
| May 22, 2021 | Under contract | $750,000 | 0 | MLS #ML81831414 |
| Feb 25, 2021 | New Listing | $750,000 +82.93% | 0 | MLS #ML81831414 |
| Jun 6, 2019 | Sold | $410,000 | 0 | Public Record |
| Jun 6, 2019 | Price Decrease | $410,000 -17.84% | 0 | MLS #ML81726281 |
| Mar 25, 2019 | Under contract | $499,000 | 0 | MLS #ML81726281 |
| Oct 4, 2018 | New Listing | $499,000 | 0 | MLS #ML81726281 |
Taxes of 14 E Lake Ave, Watsonville, CA, 95076
CCA zoning / MLS #ML81939398
Zoning
CCA
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Frequently Asked Questions about 14 E Lake Ave
What is 14 E Lake Ave?
14 E Lake Ave is a Commercial/Industrial propertywith 4,200 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
14 E Lake Ave, Watsonville, CA, 95076.
What comparable properties are nearby?
Comparable nearby commercial properties include 9030 Soquel Dr, 1066 41st Ave, 111 Dakota Ave, 2030 N Pacific Ave, 771 Chestnut St, 140 Encinal St.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 07, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Don Rafa's, 0.39 miles away and La Princesa Market, 0.79 miles away.
The 95076 zip area has a population of 94,696, and 50% of the families have children. The median age is 32.22 years and 84% commute by car. The most popular housing type is "single detached" and 52% is owner.
