REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,449,000
Est. payment /mo
Active
771 Freedom BLVD Watsonville, CA 95076
9,975 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81998291
HOA Y/N No
Year Built 1937
Annual Tax Amount $16,989
Lot Size 9,975 Sqft
Property Description
Fully leased six (6) unit mixed-use retail and commercial storage investment opportunity in the heart of Downtown Watsonville. Situated on a 9,975 SF corner lot with seven (7) off-street parking spaces and one-block from the corner of Main St and Freedom Blvd with excellent visibility and frontage. The Front Building consists of 2,590 SF of retail space divided into two (2) primary retail suites, each with their own bathroom: 771 and 771-A. Suite 771 is currently subdivided and leased out to two (2) individual retail tenants with shared bathroom access. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. The Rear Building includes 1,900 SF of industrial/commercial storage currently divided into three (3) units: 771-B, C, and D each with two grade-level roll-up doors for a total of six (6) high-lift garage doors. Unit B incorporates an additional front office, bonus room and private bathroom. Utilities include one electric and one water meter servicing all three commercial storage Units B, C, and D. Shared sewer and garbage with retail tenants. The current structure of the leases balances the stability of long-term tenants and consistent occupancy with the flexibility of rollover month-to-month terms.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning CT
Interior
Heating Electric, Space Heater
Fireplace No
Exterior
Roof Type Tar/Gravel,Tile
Total Parking Spaces 7
Building
Story 1
Others
Tax ID 01615414000
Virtual Tour https://youtu.be/Sd3KPzcl8Bw
Listed by Troy Hinds • David Lyng Real Estate