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Listing Details

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Description

Great opportunity for either an investor or owner/operator here: A classic building in the heart of Watsonville's Central Business District with high vehicle and pedestrian traffic counts, plus convenient access to public parking lot for customers and employees alike. Seller is also the owner and operator of the business, selling the real estate to raise operating capital for expanding the business in multiple locations, with flexible terms for a wide range of options at this location. Property can be delivered either vacant or Seller will lease it back at Fair Market rate of $4900 per month for 1 year with a 4-year option to renew. Owner has invested an estimated $120K-$140K worth of TI's, repairs and capital improvements into the building. Repairs and capital improvements are included, while business assets (Furnishings, Trade Fixtures and Equipment) are not included in the price of the real estate. If desired, the business assets can be purchased for an additional $75,000.

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© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-09-20T17:50:46.993. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Guide Real Estate.

Licensed in the State of California.
www.sfrealestateprofessionals.com/homes/114531664
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14 E Lake Ave Watsonville, CA 95076

  • Price: $790,000
  • Status: Active Under Contract
  • Updated: 44 min ago
  • MLS #: ML81831414
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Beds
0
Baths
0
½ Baths
N/A
Acres
100
SQFT
$7,900
$/SQFT
1948
Built
Neighborhood:
Watsonville
County:
Santa Cruz
Area:
Watsonville
Property Description
Great opportunity for either an investor or owner/operator here: A classic building in the heart of Watsonville's Central Business District with high vehicle and pedestrian traffic counts, plus convenient access to public parking lot for customers and employees alike. Seller is also the owner and operator of the business, selling the real estate to raise operating capital for expanding the business in multiple locations, with flexible terms for a wide range of options at this location. Property can be delivered either vacant or Seller will lease it back at Fair Market rate of $4900 per month for 1 year with a 4-year option to renew. Owner has invested an estimated $120K-$140K worth of TI's, repairs and capital improvements into the building. Repairs and capital improvements are included, while business assets (Furnishings, Trade Fixtures and Equipment) are not included in the price of the real estate. If desired, the business assets can be purchased for an additional $75,000.
Exterior Features

Foundation Concrete Slab Garage Parking Other Roof Aluminum Over TarBarrel / Truss Sq Ft Yard 0 Stories 1 Yard Grounds Low Maintenance

Interior Features

Additional Rooms Storage Cooling None Flooring ConcreteTileOther Heating Central Forced Air - Gas Sq Ft Warehouse 1000 Structure Sq Ft 4200

Property Features

Accessibility Features None Additional Listing Info Not Applicable Amenities High CeilingSkylight Business Name Samayas Flooring And Design Center Business Type CommercialIndustrial/WarehouseManufacturing - LightRetailServiceWarehouse City Limits Yes City Name Watsonville Communications Cable Tv Cross Street Main Street Energy Saving Features Low Flow Toilet Facilities Front SignOfficeRestroom(S)ShowroomStorage Incorporated Yes Lot Size Area Maximum 4225.00 Meters Separate ElectricSeparate GasSeparate Water Number Tenants 1 Present Use CommercialManufacturing - LightRetailServiceWarehouse Restrictions None Security Features Closed Circuit Monitoring (24-Hour)Fire AlarmSecurity AlarmSecurity ServiceVideo / Audio System Sewer Septic Sewer Connected Sq Ft Source Other Utilities Garbage CollectionIndividual Electric MetersIndividual Gas MetersNatural GasPublic Utilities Water Individual Water Meter Zoning Cca

© 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Datta Khalsa of Main Street Realtors.


© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-09-20T17:50:46.993. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Guide Real Estate.

Licensed in the State of California.
 
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