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41 Hangar Way 10,216 SF Industrial Building Watsonville, CA 95076 $2,550,000 ($249.61/SF)
Executive Summary
41 Hangar Way offers a rare chance to own a building in one of South Santa Cruz County’s most established light industrial corridors. The property is partially leased with a stable, low-impact tenant mix occupying 47% of the building, while approximately 5,400 SF remains available—providing both upside potential and SBA loan eligibility with 53% vacancy.
The building is well-equipped with ample power and features a commercial-grade kitchen infrastructure including floor drains and a grease trap. Its combination of existing tenancy, strong utilities, and versatile improvements makes this property attractive for both investors and owner-users in a tight industrial market.
The building is well-equipped with ample power and features a commercial-grade kitchen infrastructure including floor drains and a grease trap. Its combination of existing tenancy, strong utilities, and versatile improvements makes this property attractive for both investors and owner-users in a tight industrial market.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,550,000 | Rentable Building Area | 10,216 SF |
| Price Per SF | $249.61 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1979 |
| Property Type | Industrial | Parking Ratio | 5.93/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.72 AC | ||
| Zoning | Industrial Park | ||
| Price | $2,550,000 |
| Price Per SF | $249.61 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 10,216 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 5.93/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | Industrial Park |
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 5,400 SF
- Flex
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,400 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 5,400 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Property Taxes
| Parcel Number | 015-111-21-000 | Improvements Assessment | $1,082,710 |
| Land Assessment | $1,323,312 | Total Assessment | $2,406,022 |
Property Taxes
Parcel Number
015-111-21-000
Land Assessment
$1,323,312
Improvements Assessment
$1,082,710
Total Assessment
$2,406,022
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41 Hangar Way
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