New Listing
Sill Road, Royal Oaks
$2,100,000MLS® # ML81965616
John Brigantino San Benito Realty
2202 Lake Avenue, Watsonville
$2,300,000
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0 Bed
0 Bath
1.97 Acres
0 Garage
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
Essential Information
- MLS® #
- ML81958704
- Price
- $2,300,000
- Bathrooms
- 0.00
- Acres
- 1.97
- Year Built
- 1952
- Type
- Commercial Sale
- Status
- Active
Community Information
- Address
- 2202 Lake Avenue
- Area
- 699 - Not Defined
- City
- Watsonville
- County
- Santa Cruz
- Zip Code
- 95076
- Senior Community
- N
Amenities
- Parking Spaces
- 15
Interior
- Cooling
- None
- # of Stories
- 1
Exterior
- Roof
- Other
Additional Information
- Date Listed
- March 22nd, 2024
- Days on Market
- 55
- Zoning
- C-1
Listing Details
- Agent
- William Lewis
- Office
- Lewis Real Estate
LISTING MAP
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Buyer's Agent
Listing Agent
William Lewis - Lewis Real EstateBased on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 2:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.