Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    14 Lake Ave Watsonville, CA 95076

    For Sale
    $695,000

    Prime location, high traffic, versatile space.

    Property size:
    4,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 4,200 square foot commercial building is situated in the heart of Watsonville's Central Business District at 14 Lake Avenue. Boasting a highly desirable location with excellent visibility and convenient access to public parking, this property benefits from significant pedestrian and vehicular traffic. The current owner has recently invested between $120,000 and $140,000 in tenant improvements, repairs, and capital improvements, ensuring the building is in excellent condition and ready for immediate occupancy. The property's central location places it within the Downtown Watsonville Specific Plan, a development initiative promoting compact, transit-oriented growth and reducing reliance on automobiles. This plan provides clear guidelines for development, facilitating a range of potential uses. Short-term plans could easily adapt the existing structure for various businesses, from a coffee shop or brewery to retail or office spaces. Alternatively, long-term development strategies could leverage new density bonus programs to create a mixed-use development. This exciting opportunity allows for the construction of a building up to five stories high, incorporating commercial space at street level and residential units above, maximizing the property's potential and capitalizing on the vibrant downtown area. The property sits on a 0.1-acre lot. The asking price is $695,000.

    Property Features for 14 Lake Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,200 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Watsonville ADU Home Improvement Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7577
    Latitude
    36.91183

    Nearby Similar for Sale

    • $5,195,000
      3,456 SF

      Contemporary Ocean View Residence

      New contemporary masterpiece with guest residence and ocean views.
      600 Sea View Ter, Watsonville, CA 95076
      View Details
    • $2,950,000
      5,060 SF

      Remodeled Apartment Complex in Watsonville

      Fully remodeled apartment complex with modern amenities and convenient location.
      290 Pennsylvania Dr, Watsonville, CA 95076
      View Details
    • $3,995,000

      Commercial Property with Rental Income

      Commercial property featuring 10 rental units and long-term tenants.
      80 Porter Dr, Watsonville, CA 95076
      View Details
    • $650,000

      Classic Building in Central District

      Classic building in Watsonville's Central Business District for sale.
      14 E Lake Ave, Watsonville, CA 95076
      View Details
    • $3,395,000

      Watsonville Agricultural Property with Greenhouses

      26-acre Watsonville farm with greenhouses, cabin, and facilities.
      Buena Vista Dr, Watsonville, CA 95076
      View Details
    • $1,975,000
      9,800 SF

      Watsonville Warehouse with Executive Offices

      9,800 SF warehouse with offices on 0.341 acres.
      347 Locust St, Watsonville, CA 95076
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high traffic, versatile space.
    Where is this commercial real estate located?
    The property is located at 14 Lake Ave Watsonville, CA.
    What is the asking price?
    The asking price for this property is $695,000.
    (831) 462-4000
    Request Owner's contact information
    14 Lake Ave Watsonville, CA 95076
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 Lake Ave
    Watsonville, CA 95076
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Lake Ave Watsonville, CA 95076
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.