240 E Lake Ave

    Watsonville, CA 95076
    • $500,000
    • STATUS: Active
    • ON SITE: 158 days
    • ID#: ML81738263
    UPDATED: 18 min ago
    $500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,046
      SQFT
    • $244
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    Opportunity Knocks! Great upside potential! Building consists of 7 private offices, 2 bathrooms, kitchen/break-room & 2 reception areas. Great for office or Medical professionals. Possibility/ability to convert into a Single Family, or Multiple unit property! Potential income could generate $70,000-$75,000 +- a year. City of Watsonville Planning Department says that "Property can be converted from commercial to residential. Residential development projects are permitted in CN zone subject to an approved Special Use permit by the Planning Commission. Determination for residential density in the CN zone will be given based on the nearest residential zone. In this case It happens to be HIGH density Zone (RM-3). Staff will support a project that confirms to the City Municipal Code." Few multi residential properties for sale, & we have a shortage of avail rentals in Watsonville. This could be great income producing property. Upside to this property is HUGE! Add Value.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-17T16:49:10.63. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/91680834

    240 E Lake Ave Watsonville, CA 95076

    • Price: $500,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: ML81738263
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,046
    SQFT
    $244
    $/SQFT
    1962
    Built
    Neighborhood:
    Watsonville
    County:
    Santa Cruz
    Area:
    Watsonville
    Property Description
    Opportunity Knocks! Great upside potential! Building consists of 7 private offices, 2 bathrooms, kitchen/break-room & 2 reception areas. Great for office or Medical professionals. Possibility/ability to convert into a Single Family, or Multiple unit property! Potential income could generate $70,000-$75,000 +- a year. City of Watsonville Planning Department says that "Property can be converted from commercial to residential. Residential development projects are permitted in CN zone subject to an approved Special Use permit by the Planning Commission. Determination for residential density in the CN zone will be given based on the nearest residential zone. In this case It happens to be HIGH density Zone (RM-3). Staff will support a project that confirms to the City Municipal Code." Few multi residential properties for sale, & we have a shortage of avail rentals in Watsonville. This could be great income producing property. Upside to this property is HUGE! Add Value.
    Exterior Features

    Foundation Concrete Perimeter Garage Parking Common Parking AreaNo GarageParking Area Number Of Buildings 1 Roof Composition Sq Ft Yard 0 Stories 1

    Interior Features

    Cooling Central Ac Heating Central Forced Air - Gas Sq Ft Warehouse 2 Structure Sq Ft 2046

    Property Features

    Accessibility Features Grab BarsParkingWheelchair AccessWide Halls / Doors (3 Ft +) Additional Listing Info Not Applicable Business Name Pajaro Vally Prevention & Student Assistance City Limits Yes City Name Watsonville Cross Street Lincoln/ Jefferson Facilities Front SignKitchenMeeting FacilitiesOffice Lot Size Area Maximum 8189.00 Meters Master ElectricMaster GasMaster Water Present Use EducationalOffice Restrictions Senior Community Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning Cn

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Raeid Farhat of Raeid Farhat Real Estate.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-17T16:49:10.63. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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