CA > Watsonville
Watsonville, CA 95076,771 Freedom BLVD
Watsonville, CA 95076,771 Freedom BLVD,Video Tour
Watsonville, CA 95076,771 Freedom BLVD
Watsonville, CA 95076,771 Freedom BLVD
Watsonville, CA 95076,771 Freedom BLVD
Watsonville, CA 95076,771 Freedom BLVD
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Kalani Stone

Kalani Stone

+1(831) 252-2270
Listed by Troy Hinds • David Lyng Real Estate
$ 1,075,000
Est. payment | /mo

4,490 SqFt

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$ 1,075,000
Est. payment | /mo
Save Virtual Tour

4,490 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 4,490 sqft

Price per Sqft $239

MLS Listing ID ML82021450

Year Built 1937

Lot Size 9,975 Sqft

Property Sub-Type Commercial Property

Property Description

Retail Visibility, Stability, Flexibility, and Cash Flow - Over 6.00% Current Cap Rate: This commercial investment offers prime frontage and two established retail suites serving the neighborhood with additional income from rear storage units, benefitting from stable leases and diversified cash flow. With 100% occupancy, long-standing tenants, and stable in-place income, and month-to-month lease terms this asset appeals to local or regional investors seeking immediate cash flow, as well as long-term upside through either lease optimization or residential redevelopment. Garage doors are approximately 10 ft tall and the interior height of the garages are approximately 14 ft. New roof on rear building 2020. 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. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. Rear Building includes 1,900 SF of industrial self-storage divided into three (3) units: 771-B, C, and D each with six (6) high-lift garage doors. Unit B incorporates an additional front office 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.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning CT

Interior

Heating Central Forced Air - Gas, Electric, Space Heater

Cooling Ceiling Fan, Other

Exterior

Parking Features Lighted Parking Area, Unassigned Spaces

Utilities Available Garbage Collection, Individual Electric Meters, Individual Gas Meters, Master Meter

Roof Type Tar and Gravel,Tile

Present Use Business/Professional,Food Service,Industrial - Light,Mini Storage,Mixed,Retail,Warehouse

Building

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Individual Water Meter, Water On Site

Level or Stories 1

Others

Restrictions None

Tax ID 016-154-14-000

Security Features None

Special Listing Condition Not Applicable

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Kalani Stone
Kalani Stone

Agent | Lic# CalBRE: 01336392

+1(831) 252-2270

216 Mt Hermon Rd 105, Scotts Valley, CA, 95066

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771 Freedom BLVD