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- LoopNet Team
1610 W Beach St
Watsonville, CA 95076
Land For Sale
·
0.77 AC
INVESTMENT HIGHLIGHTS
- Tri level sign over world famous Pacific Coast Highway 1
- Build to suit
- High traffic location with highway exits
- Option for multiple tenants, including cannabis retail
PROPERTY FACTS
| Property Type | Land | Proposed Use | Storefront, Retail or Office |
| Property Subtype | Commercial | Total Lot Size | 0.77 AC |
| Zoning | CV) Visitor Commercial - To provide for commercial areas catering primarily to persons residing both within and outside the community. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Storefront, Retail or Office |
| Total Lot Size | 0.77 AC |
| Zoning | CV) Visitor Commercial - To provide for commercial areas catering primarily to persons residing both within and outside the community. |
DESCRIPTION
This is an opportunity to develop a multiple retail property adjacent to California State Highway 1. Daily traffic on Highway 1 in Watsonville will see 40k-80k vehicles per day, with peak seasons hitting over 100k vehicles per day. Existing signage on Highway 1 is extremely valuable and no longer obtainable per county / city laws regarding new billboards. The property is under contract for purchase and the city has been engaged and granted approval for building to commence immediately. This area of Watsonville is quickly developing into a hub for commerce both with locals and highway travelers. Just in the last year Starbucks, Hampton Inn and Arco AM/PM mini market have all set up locations in the near vicinity. Current owners a have a close relationship with the city as well as hold multiple cannabis businesses and have a granted provisional retail license by the city of Watsonville, which can be developed at this property. ASSESSOR'S ACREAGE: 0.7710 ASSESSOR'S SQ FT: 33,584. ADDRESS: 1610 W Beach St JURISDICTION: City of Watsonville TYPE: Visitor Commercial SIGNAGE: Sign over highway 1
PROPERTY TAXES
| Parcel Number | 018-303-06-000 | Improvements Assessment | $0 |
| Land Assessment | $384,354 | Total Assessment | $384,354 |
PROPERTY TAXES
