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    14 E Lake Ave Watsonville, CA 95076

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    For Sale
    $650,000

    Classic building in Watsonville's Central Business District for sale.

    Lot size:
    0.10 Acres

    Property Features for 14 E Lake Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1948

    Source: Main Street Realtors Agent Datta Khalsa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Classic Building in Central District

    This classic building is situated in the heart of Watsonville's Central Business District, benefiting from high vehicle and pedestrian traffic. It offers convenient access to public parking lots. The current owner has invested an estimated $120,000 to $140,000 in tenant improvements, repairs, and capital improvements. Located within the Downtown Watsonville Specific Plan area, the property is positioned to benefit from initiatives encouraging compact development near transit, aiming to decrease automobile dependency and enhance multimodal access to the historic Downtown area. The property can be repurposed for various uses, including a coffeehouse, brewery, retail space, or offices. There is also potential for a mixed-use development with commercial space at street level and up to 5 stories of residential units above, capitalizing on new density bonus programs.
    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.

    Similar Places Nearby

    Sweet Petals, My Touch Flowers, Ferrari Florist & Gardens-Watsonville, Eadams Designs, Sweet Petals Florist

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7576989
    Latitude
    36.9118395

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    FAQs

    What type of property is this?
    Storefront property - Classic building in Watsonville's Central Business District for sale.
    Where is this storefront property located?
    The property is located at 14 E Lake Ave Watsonville, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime location in Watsonville's Central Business District with high traffic; - Significant recent investment of $120K-$140K in improvements; - Falls under the Downtown Watsonville Specific Plan promoting diverse development
    (831) 818-0181
    Request Owner's contact information
    14 E Lake Ave Watsonville, CA 95076
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    Watsonville, CA 95076
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    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 E Lake Ave Watsonville, CA 95076
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