2202 Lake Avenue, Watsonville
Watsonville Home For Sale
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
Property Details
Additional Information
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- City:
- Watsonville
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- County:
- Santa Cruz
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- Zip:
- 95076
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- MLS® #:
- ML81958704
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- Lot Size:
- 1.97
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- HOA Dues:
- $
Price Change History for 2202 Lake Avenue, Watsonville, (MLS® #ML81958704)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $2,300,000) | $2,200,000 | $100,000 (4.35%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 9:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.