Penny Ln Watsonville, CA
- Industrial properties
- 2,150 SF
- 0.03 lot acres
Current Use by Public Records
- Industrial properties
Property Details for Penny Ln
- Year built
- 1989
- Lot size
- 0.03 lot acres
- Property size
- 2,150 SF
- Property type
- Industrial properties
Description
This exceptional commercial property in Watsonville, California, presents a unique investment opportunity. Located on Penny Lane, this offering encompasses two professional-grade commercial condominium units, designated A and D, situated upstairs within the building. The combined square footage totals 2,150 square feet, providing ample space for a variety of business uses. A significant advantage lies in the flexibility of the layout. The current owner has the option to maintain the space as a single, cohesive 2,150-square-foot unit, ideal for a larger operation requiring substantial space. Alternatively, the property can be easily divided into two separate, independent units, each offering a more compact and potentially more easily leased space. This adaptability caters to diverse business needs and maximizes potential rental income streams. The property sits on a 0.03-acre lot, providing convenient access and potentially sufficient outdoor space depending on the intended use. Priced at $564,990, this property offers a compelling combination of size, flexibility, and location in the vibrant Watsonville market. The potential for high returns makes this an attractive investment for both owner-occupiers and investors seeking a versatile commercial space. Serious inquiries are encouraged to explore the full potential of this exceptional offering.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watsonville
- County
- Santa Cruz
- State
- California
- Longitude
- -121.778
- Latitude
- 36.9297
