24
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$1,249,000
Est. payment /mo
9,975 Sqft Lot
Price Dropped by $200K
771 Freedom BLVD Watsonville, CA 95076
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81998291
HOA Y/N No
Year Built 1937
Annual Tax Amount $16,989
Lot Size 9,975 Sqft
Property Description
Five (5) unit mixed-use retail and value-add redevelopment opportunity in Downtown Watsonville. Over 7.00% Proforma Cap Rate. Flexible month-to-month current leases. Situated on a 9,975 SF corner lot with excellent visibility and frontage one-block from the corner of Main St and Freedom Blvd. Front Building consists of 2,590 SF of retail space divided into two (2) primary retail suites, each with their own bathroom: 771 and 771-A. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. Rear Building includes 1,900 SF of industrial/commercial storage currently divided into three (3) units: 771-B, C, and D each with six (6) high-lift garage doors. Unit B incorporates an additional front office, bonus room and private bathroom.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning CT
Interior
Heating Electric, Space Heater
Fireplace No
Exterior
Roof Type Tar/Gravel,Tile
Total Parking Spaces 7
Building
Story 1
Others
Tax ID 01615414000
Virtual Tour https://youtu.be/Sd3KPzcl8Bw
Listed by Troy Hinds • David Lyng Real Estate
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