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753 E Lake Ave
Watsonville, CA 95076
Retail Property For Sale
Investment Highlights
- Heavy Day Time Foot Traffic
- New Development Opportunity
- Large Lot
Executive Summary
753 E Lake Ave, Watsonville, CA 95076
Rare opportunity to acquire a highly visible commercial corner property in the heart of Watsonville. Situated on a large approximately 17,163 SF flat lot with excellent frontage along busy East Lake Avenue, this freestanding commercial building offers tremendous potential for investors, owner-users, or redevelopment.
The property is currently configured for automotive/tire service use and includes roll-up doors, office/storage areas, and abundant on-site parking. Existing automotive use makes this an attractive opportunity for tire service, auto repair, smog, detail, or related automotive operations (buyer to verify permitted uses with the City of Watsonville).
Zoned CN – Neighborhood Commercial, the property may also support a wide variety of neighborhood-serving commercial uses including retail, restaurant, office, medical, convenience market, and service-oriented businesses. The large corner parcel and strong traffic exposure create excellent long-term redevelopment potential.
Property Highlights:
• Approx. 1,117 SF freestanding commercial building
• Approx. 17,163 SF corner lot
• High visibility location on East Lake Ave
• Existing automotive service layout
• Roll-up doors and on-site parking
• Strong traffic counts and exposure
• Zoned CN – Neighborhood Commercial
• Potential owner-user or redevelopment opportunity
Excellent opportunity for investors, developers, or business owners seeking a strategic commercial location in Watsonville.
Rare opportunity to acquire a highly visible commercial corner property in the heart of Watsonville. Situated on a large approximately 17,163 SF flat lot with excellent frontage along busy East Lake Avenue, this freestanding commercial building offers tremendous potential for investors, owner-users, or redevelopment.
The property is currently configured for automotive/tire service use and includes roll-up doors, office/storage areas, and abundant on-site parking. Existing automotive use makes this an attractive opportunity for tire service, auto repair, smog, detail, or related automotive operations (buyer to verify permitted uses with the City of Watsonville).
Zoned CN – Neighborhood Commercial, the property may also support a wide variety of neighborhood-serving commercial uses including retail, restaurant, office, medical, convenience market, and service-oriented businesses. The large corner parcel and strong traffic exposure create excellent long-term redevelopment potential.
Property Highlights:
• Approx. 1,117 SF freestanding commercial building
• Approx. 17,163 SF corner lot
• High visibility location on East Lake Ave
• Existing automotive service layout
• Roll-up doors and on-site parking
• Strong traffic counts and exposure
• Zoned CN – Neighborhood Commercial
• Potential owner-user or redevelopment opportunity
Excellent opportunity for investors, developers, or business owners seeking a strategic commercial location in Watsonville.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,117 SF
Building Class
C
Year Built
1963
Price
$1,350,000
Price Per SF
$1,208.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.39 AC
Zoning
CN - Neighborhood Commercial
Parking
10 Spaces (8.95 Spaces per 1,000 SF Leased)
Frontage
58’ on East Lake Ave
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 018-203-14-000 | Improvements Assessment | $73,440 |
| Land Assessment | $831,300 | Total Assessment | $904,740 |
Property Taxes
Parcel Number
018-203-14-000
Land Assessment
$831,300
Improvements Assessment
$73,440
Total Assessment
$904,740
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