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Vacant Restaurant Building with Drive-Thru 1487 Freedom Blvd 3,631 SF Retail Building Watsonville, CA 95076 $2,900,000 ($798.68/SF)
INVESTMENT HIGHLIGHTS
- Ideal Redevelopment Potential
- Abundant Retail
- Strategic Location
- Thriving Community
EXECUTIVE SUMMARY
FOR SALE & FOR LEASE
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Mahoney & Associates is pleased to present for the first time on the market a +/- 3,631 SF vacant restaurant building with a drive-thru on +/- 19,000 SF lot. Originally constructed as a Foster’s Freeze quick-serve restaurant, the property benefits from a signalized hard intersection with over 25,000 VPD, an existing drive thru queue in a trade area where drive-thrus are hard to come by, a fully functional kitchen area with the possibility of purchasing the FF&E, and abundant off-street parking. Directly across from the subject property Eden Housing, a major non-profit housing developer has broken ground on the construction of the new 53-unit Tabasa Gardens apartment complex featuring a combination of one-bedroom, two-bedroom, and three bedroom units.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,631 SF | Retail | - | Now |
1st Floor
| Size |
| 3,631 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,631 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Mahoney & Associates is pleased to present for the first time on the market a +/- 3,631 SF vacant restaurant building with a drive-thru on +/- 19,000 SF lot. Originally constructed as a Foster’s Freeze quick-serve restaurant, the property benefits from a signalized hard intersection with over 25,000 VPD, an existing drive thru queue in a trade area where drive-thrus are hard to come by, a fully functional kitchen area with the possibility of purchasing the FF&E, and abundant off-street parking. Directly across from the subject property Eden Housing, a major non-profit housing developer has broken ground on the construction of the new 53-unit Tabasa Gardens apartment complex featuring a combination of one-bedroom, two-bedroom, and three bedroom units.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 016-033-06-000 | Improvements Assessment | $669,202 |
| Land Assessment | $501,202 | Total Assessment | $1,170,404 |
PROPERTY TAXES
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Vacant Restaurant Building with Drive-Thru | 1487 Freedom Blvd
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