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2202 E Lake Avenue Watsonville, CA $ 2,200,000
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$ 2,200,000 Get more info
2202 E Lake Avenue
$ 2,200,000
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Share Save

2202 E Lake Avenue

Watsonville, CA, 95076
$ 2,200,000
Baths0.0 Sq 5,500

Monthly Estimate*

$ 14,622

2202 E Lake Avenue, Watsonville, CA 95076 - Image 1
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2202 E Lake Avenue, Watsonville, CA 95076 - Image 8
2202 E Lake Avenue, Watsonville, CA 95076 - Image 9
2202 E Lake Avenue, Watsonville, CA 95076 - Image 10
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2202 E Lake Avenue, Watsonville, CA 95076 - Image 13
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2202 E Lake Avenue, Watsonville, CA 95076 - Image 15
Studio

Commercial Property for sale in Watsonville, CA

for $2,200,000. This 5,500 square foot building was built in 1952 on a lot size of 1.973.

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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Commercial Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

1.973

Year Built

1952

Town/City

Watsonville

County/Region

Santa Cruz

MLS | Web ID

ML81958704
Features
General
Sewer Public Sewer
Zoning C-1
Year Built 1952
Property SubType Comm Ind For Sale
County Santa Cruz
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
City Watsonville
MLS Area Listing
Lot Size Square Feet 85944
Street Name Lake Avenue
Standard Status Active
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Exterior
Parking Features Common
Water Source Public
Lot Size Area 1.973
Lot Size Acres 1.97
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* Excluded Features
List By
William Lewis

Listing Agent

Lewis Real Estate

Broker

blewisre@hotmail.com

Email

Affordability Calculator

$14,622
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,622
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/18/2024$2,200,000 -4.35% Price Down
3/23/2024$2,300,000 Listed Price

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2202 E Lake Avenue, Watsonville, CA, 95076 is a Commercial Property for sale at $2,200,000 with 5,500 sqft and a lot size of 1.973. 2202 E Lake Avenue is a studio with 0.0 baths and was built in 1952. The property's zip code is 95076 which is in Watsonville, CA

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