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850 Freedom Blvd
Watsonville, CA 95076
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Ideal for medical, dental, & office
- Property can be used for residential development
- Vacant side is ideal for medical or dental or small offices
EXECUTIVE SUMMARY
This office building has two separate wings. One wing is currently being used for medical and physical therapy. The second wing is vacant and is ideal for dental, medical, and office uses. There is a main reception and waiting area serving both wings. An ideal use could be a combined dental office with a regular dentist, a pediatric dentist, and an orthodontist.
The property is zoned neighborhood commercial, which allows many office uses.
The adjacent property, at 846 Freedom Boulevard, is offered for sale for $1,350,000 for a 3,248 sq. ft. building. An investor could acquire the two buildings and parking lot, totaling 30,667 square feet of land, serving both office buildings, and potentially construct multi-family.
The property is zoned neighborhood commercial, which allows many office uses.
The adjacent property, at 846 Freedom Boulevard, is offered for sale for $1,350,000 for a 3,248 sq. ft. building. An investor could acquire the two buildings and parking lot, totaling 30,667 square feet of land, serving both office buildings, and potentially construct multi-family.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
5,034 SF
Building Class
B
Year Built
1959
Price
$1,530,000
Price Per SF
$303.93
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,034 SF
Slab To Slab
8’
Building FAR
0.44
Lot Size
0.26 AC
Zoning
CN - Neighborhood Commercial: Purpose is to provide limited centers for convenience shopping in residential areas. Possible to convert to residential.
AMENITIES
- 24 Hour Access
- Fenced Lot
- Kitchen
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 018-021-25-000 | Improvements Assessment | $492,680 |
| Land Assessment | $324,281 | Total Assessment | $816,961 |
PROPERTY TAXES
Parcel Number
018-021-25-000
Land Assessment
$324,281
Improvements Assessment
$492,680
Total Assessment
$816,961
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