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Listed by Troy Hinds • David Lyng Real Estate
$ 1,249,000
Est. payment /mo
Active
771 Freedom Boulevard Watsonville, CA 95076
4,490 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,490 sqft
Price per Sqft $278
MLS Listing ID ML81998291
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1937
Lot Size 9,975 Sqft
Property Sub-Type Comm Ind For Sale
Property Description
$200,000 Price Reduction. Fully leased six (6) unit mixed-use retail and commercial storage investment opportunity in the heart of Downtown Watsonville. Situated on a 9,975 SF corner lot with seven (7) off-street parking spaces and one-block from the corner of Main St and Freedom Blvd with excellent visibility and frontage. The 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. Suite 771 is currently subdivided and leased out to two (2) individual retail tenants with shared bathroom access. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. The Rear Building includes 1,900 SF of industrial/commercial storage currently divided into three (3) units: 771-B, C, and D each with two grade-level roll-up doors for a total of six (6) high-lift garage doors. Unit B incorporates an additional front office, bonus room and private bathroom. Utilities include one electric and one water meter servicing all three commercial storage Units B, C, and D. Shared sewer and garbage with retail tenants. The current structure of the leases balances the stability of long-term tenants and consistent occupancy with the flexibility of rollover month-to-month terms.
Location
State CA
County Santa Cruz
Interior
Heating Electric, Space Heater
Fireplace No
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