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$2,490,000 -$410,000 (-14.14%) Price Reduced
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Property Description
For the first time on the market, 1487 Freedom Blvd. Wastonville is +/- 2,740 SF vacant restaurant building with a drive-thru on +/- 19,000 SF lot. Originally constructed as a Fosters Freeze quick-serve restaurant in 1990, the property benefits from a signalized hard intersection with over 25,000 VPD, an existing drive-thru queue in a trade area where drive-thrus are hard to come by, a fully functional kitchen area with the possibility of purchasing the FF&E, and abundant off-street parking. Directly across from the subject property Eden Housing, a major non-profit housing developer has completed the construction of the new 53-unit Tabasa Gardens apartment complex featuring a combination of one-bedroom, two-bedroom, and three-bedroom units.
Full Property Details
Full Property Details for 1487 Freedom Blvd
General
- Price: $2,490,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82029603
- Updated: 2/12/2026
- Added to Site: 57 day(s) ago
Rental Information
- Complex Features: Kitchen, Refrigeration
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Parking Features: Drive-Through, Off-Street Parking
Location
- Area: Watsonville
- County: Santa Cruz
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Foundation: Other
- Roof: Flat / Low Pitch
- Disability Access: Parking
- Square Feet: 2,740
- Year Built: 1990
Lot Features
- Minimum Lot Size: 19000
- Lot Size (Sq. Ft.): 19,000
- Yard Description: 3 Sq. Ft.
- Present Use: Vacant
- Zoning: Commercial Thoroughfare
Disclosures and Reports
- Restrictions: Other
Listed by Baird Partnership, Inc., James Kendall
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Schools
Schools serving 1487 Freedom Blvd
School District:Pajaro Valley Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
H. A. Hyde Elementary School 125 Alta Vista Avenue, Watsonville, CA 95076 | K-5 | 0.3 mi |
Cesar E. Chavez Middle School, Watsonville, CA 440 Arthur Road, Watsonville, CA 95076 | 6-8 | 0.6 mi |
Pajaro Valley High School 500 Harkins Slough Road, Watsonville, CA 95076 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1487 Freedom Blvd
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$2,490,000
-14.14%
MLS
12/17/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1487 Freedom Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,983
13%
$1,170,404
4%
2023
$13,298
2%
$1,124,956
2%
2022
$13,066
2%
$1,102,898
2%
2021
$12,851
1%
$1,081,273
1%
2020
$12,666
2%
$1,070,186
2%
2019
$12,443
3%
$1,049,202
2%
2018
$12,130
1%
$1,028,629
2%
2017
$12,049
3%
$1,008,461
2%
2016
$11,734
—
$988,687
2%
2015
$11,698
2%
$973,836
2%
2014
$11,446
—
$954,760
—
2013
$11,491
—
$950,445
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1487 Freedom Blvd
1487 Freedom Blvd, Watsonville, CA 95076 (MLS# ML82029603) is a Industrial property. 1487 Freedom Blvd is currently listed for $2,490,000 and was received on December 17, 2025. Want to learn more about 1487 Freedom Blvd? Do you have questions about finding other Industrial real estate for sale in Watsonville? You can browse all Watsonville real estate or contact a Coldwell Banker agent to request more information.

