2904 Freedom Blvd Watsonville, CA 95076
- Lifestyle centers
- 250 SF
Current Use by Public Records
- Plumbing 247 / Plumber
- T'z Beauty Bar / Hair Salon
- Fediay Peter DC / Chiropractor
- Olivia's Heritage Spa / Day Spa
- Incredible beauty permanent cosmetics / Tattoo Artist
Property Details for 2904 Freedom Blvd
- Property size
- 250 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional mixed-use property, known as "The 5 Mile House," presents a rare investment opportunity in Watsonville, CA. Located at 2904 Freedom Blvd, 95076, this established retail complex boasts over 100 years of history and serves as a gateway to Corralitos. The 250-10,000 square foot property currently houses seven diverse tenants, achieving a 90% occupancy rate. Tenants include a coffee/gift shop, breakfast/lunch restaurant, a Mexican seafood/oyster establishment, a dance studio, nail and hair salons, a construction company, and a roofing company. Additional space is utilized for RV and bus storage by a local school. The current owners are retiring and have cultivated a strong tenant base contributing positively to the community. The property offers a positive cash flow, details of which will be provided to qualified buyers. This is a net lease property with a modified lease type and multi-tenancy structure. The asking price is $3,890,000. The seller is highly motivated due to personal circumstances and is seeking a quick sale. This property is ideal for an investor seeking a strong, established asset or a 1031 exchange opportunity. The property's rich history and prime location make it a truly unique investment prospect. Serious inquiries only.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watsonville
- County
- CA
- State
- California
- Longitude
- -121.809
- Latitude
- 36.9636
