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240 E LAKE AVE, WATSONVILLE, CA 95076

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  • 0 Beds
  • 0.0 Baths
  • 0 Sqft
  • Commercial
  • Active
  • MLS# ML81711029

Property Details for 240 E Lake Ave

Opportunity Knocks! Great upside potential! Building consists of 7 private offices, 2 bathrooms, kitchen/break-room and 2 reception areas! Great for office or Medical professionals. You also have the possibility/ability to convert into a 3 unit residential property! Potential income could generate $75,000-$80,000 +- 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. With some work, & effort, this could be great income producing property. Upside to this property is HUGE!

Listing courtesy of: Raeid Farhat Real Estate

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Commercial
  • List Price: $565,000
  • Sqft: 
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: Watsonville
  • State: CA
  • Zip: 95076
  • Special Features: : Wheelchair Access,Grab Bars,Wide Halls/Doors (3 ft+),Kitchen Features
  • Area: : Watsonville
  • Acres: : 0.188
  • Additional Listing Info: : Not Applicable / Not Disclosed
  • Age: : 56
  • Parking Spaces: : 7
  • Year Built: : 1962
  • Garage Space: : 0
  • Number of Stories: : 1
  • Zoning: : CN
  • Business Name: : Pajaro Valley Prevention and Student Services
  • Business Type: : Service
  • Cooling: : Other
  • Facilities: : Outside Sign,Carpeting,Reception Room,Restrooms-Private,Signage,Front Sign
  • Foundation: : Concrete Slab
  • Garage Parking Features: : Uncovered Parking
  • Heating: : Gas
  • Maximum Lot Size: : 8189.00
  • Minimum Lot Size: : 8189.00
  • Parcel Number: : 017-032-22-000
  • Roof: : Composition
  • Water: : Public
  • Branded Virtual Tour: 
  • Additional Remarks: 

LISTING HISTORY

  • Previous Price: 
  • Price Change: 
  • Price Change Date: 
  • Previous Status: 
  • Status Change Date: 

Mortgage Information


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Monthly insurance: 
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Monthly taxes: 
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Total monthly payment: 
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Based on information from MLSListings MLS as of 07/26/2018 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.

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