Property is located in the recently designated Downtown Watsonville Specific Plan (DWSP) in the Commercial Flex area, allowing up to 85 dwelling units per acre. This parcel is approximately .466 acres, so +/- 40 units could be allowed, subject to City approval, setbacks, parking, unit configurations, etc. Additional State density bonuses available for affordable housing developments.
Welcome to Pennsylvania Drive, where modern living meets convenience in the heart of Watsonville. This fully remodeled apartment complex boasts 8 one-bedroom apartments and 2 two-bedroom apartments. The exterior and interior of this complex have undergone a complete renovation, ensuring contemporary aesthetic and comfortable living spaces. Each unit features an open layout, new luxury vinyl flooring, and fresh paint, creating a bright and inviting atmosphere. Tenants benefit from the convenience of laundry facilities onsite and covered parking, providing ample space for vehicles. Experience the best of Watsonville living at Pennsylvania Drive, where convenience, comfort, and modern amenities come together seamlessly. Don't miss your opportunity to call this vibrant community home!
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.
Excellent business opportunity in a great location of the shopping center. Located between Ross dept store and Target dept. store. Parking is shared with other stores/open parking. The business consists of : Smoking and sports merchandise, Lottery ticket sale. All inventory/fixtures included in the sale. Seller may carry to qualified buyer.
Fully leased commercial building in the heart of Watsonville's light industrial area. High quality long term tenants. Easy access off of Highway One and Airport Blvd. Tremendous upside. This property represents a rare opportunity to own a quality building in a prime commercial district either as an investment or to eventually phase in as an owner user.
Fully leased commercial building in the heart of Watsonville's light industrial area. High quality long term tenants. Easy access off of Highway One and Airport Blvd. Tremendous upside. This property represents a rare opportunity to own a quality building in a prime commercial district either as an investment or to eventually phase in as an owner user.
A classic building in the heart of Watsonvilles Central Business District. High vehicle and pedestrian traffic counts, convenient access to a public parking lots. Current Owner has invested an estimated $120K-$140K worth of TIs, repairs, and capital improvements into the building. Since the property is located in the heart of the Downtown District, it falls under the Downtown Watsonville Specific Plan, which encourages compact development near transit to decrease automobile dependency, and provide additional guidance and plans to increasing multimodal access to and from the historic Downtown area. Under a short range plan, you can repurpose the existing building for a broad range of uses ranging from a coffeehouse to a brewery to retail and offices. Or go big out of the gates with a long-range plan to capitalize on the new density bonus programs and go vertical for a mixed-use development with commercial use at street level and up to 5 stories of residential units above.
Coastal Nursery Property(business not included) with 3 outstanding parcels being sold together. APN #046-051-46 consisting of 36.23 acres with 2 bedroom residential home plus covered work area.. APN#046-051-08 consisting of 14.61 acres with residential home. APN#046-051-09 consisting of 10.04 acres with Fungi House (9 bays of 2,100 sf each), 36,000 sf processing area, maintenance area, 3,500 sf refrigerator building, 3,000 office and a residential home. Much, much more! Rare opportunity!
The median home value in Watsonville, CA is $700,000. This is lower than the county median home value of $843,000. The national median home value is $219,700. The average price of homes sold in Watsonville, CA is $700,000. Approximately 40.42% of Watsonville homes are owned, compared to 56.85% rented, while 2.73% are vacant. Watsonville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Watsonville real estate agent to arrange a tour today!
Watsonville, California has a population of 53,452. Watsonville is more family-centric than the surrounding county with 42.6% of the households containing married families with children. The county average for households married with children is 32.46%.
The median household income in Watsonville, California is $51,548. The median household income for the surrounding county is $73,663 compared to the national median of $57,652. The median age of people living in Watsonville is 29.7 years.
The average high temperature in July is 72.4 degrees, with an average low temperature in January of 39.5 degrees. The average rainfall is approximately 22.3 inches per year, with 0 inches of snow per year.