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2202 E Lake Ave Watsonville, CA, 95076
$2,300,000 Commercial for sale Comm Ind For Sale
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
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Property details
5,500 sqft interior area
Land area
85,944 sqft (1.97 acres)
Days on Verhouse
55
Address
2202 E Lake Ave, Watsonville, CA, 95076
City of California
Watsonville
County
Santa Cruz
Year Built
1952
District
Listing
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
—
Garage & Parking
Common
Listed by
William Lewis, Lewis Real Estate
Name
William Lewis
License number
00360906
Brokerage company
Lewis Real Estate
MLS #
ML81958704
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Calculate your monthly payments
Mortgage
$7,062
Taxes
$0
HOA dues
$0
Mortgage
$460,000 / 20%
2.28%
30 years
Your amount
$7,062 / month
Lot details
TMK #05119117000
Parcel nr.
05119117000
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
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no data
Beach
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no data
Elementary school
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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
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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
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Housing market insights for
$825.42k
Neighborhood average
sales price*
sales price*
$638k
Neighborhood median
sales price*
sales price*
77
Number
of sales*
of sales*
Housing type
64% are single detacheds
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Rooms
45% of the houses have 4 or 5 rooms
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Bedrooms
72% have 2 or 3 bedrooms
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Owners vs Renters
52% are owners
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14 / 20
Above Average
►
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
New Listing Mar 22, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 22, 2024 | New Listing | $2,300,000 +31.43% | 0 | MLS #ML81958704 |
| Mar 23, 2024 | Withdrawn | $1,750,000 | 0 | MLS #ML81716593 |
| Jul 27, 2018 | New Listing | $1,750,000 | 0 | MLS #ML81716593 |
Taxes of 2202 E Lake Ave, Watsonville, CA, 95076
C-1 zoning / MLS #ML81958704
Zoning
C-1
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Frequently Asked Questions about 2202 E Lake Ave
What is 2202 E Lake Ave?
2202 E Lake Ave is a Commercial/Industrial propertywith 5,500 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
2202 E Lake Ave, Watsonville, CA, 95076.
What comparable properties are nearby?
Comparable nearby commercial properties include 2233 E Lake Ave, 65 Airport Rd, 34 Hangar Way, 1630 W Beach St, 4768 Soquel Dr, 2601 Porter St.
Based on information from the bridgeMLS as of 05-15-2024. 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: Mar 27, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Farm Fresh Produce, 0.15 miles away and Safeway, 1.83 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.
