$875,000
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14 E Lake Ave is a $875,000, 4,200 square foot home on a 0.10 acre lot located in Watsonville, CA.
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.
Basement | Concrete Slab |
Interior Features | Other Flooring Tile Concrete Low Flow Toilet Security Alarm Security Service Fire Alarm Video/Audio System Cable TV No Accessibility Features Additional Rooms - Storage Facilities - Showroom Facilities - Office Facilities - Restroom(s) Facilities - Storage |
Cooling Types | No Cooling |
Heating Types | Central Forced Air - Gas |
Parking Types | Other Parking |
Exterior Features | Low Maintenance Individual Electric Meters Individual Gas Meters Natural Gas Public Utilities Garbage Collection No Restrictions Closed Circuit Monitoring (24-hour) High Ceiling Skylight(s) Incorporated In City Limits Facilities - Front Sign Meters - Separate Gas Meters - Separate Electric |
Roof | Barrel/Truss Aluminum Over Tar |
Land Type | Warehouse Commercial Retail Manufacturing - Light Service |
Water Source | Individual Water Meter Meters - Separate Water |
Sewer | Sewer Connected |
Property Type | Hotel |
Property Sub Type | Commercial Property |
Style | Business Type - Manufacturing - Light Business Type - Warehouse Business Type - Commercial Business Type - Industrial/Warehouse Business Type - Retail Business Type - Service |
Architectural Style | Commercial/Industrial |
Year Built | 1948 |
Area | Watsonville |
County | santa cruz |
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