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2202 E Lake Ave, Watsonville, CA 95076
$2,300,000
2202 E Lake Ave, Watsonville, CA 95076View this property at 2202 E Lake Ave, Watsonville, CA 95076
2202 E Lake AveWatsonvilleCA95076
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Property Description
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.
Full Property Details
Full Property Details for 2202 E Lake Ave
General
- Price: $2,300,000
- Status: Active
- Type: Store
- MLS ID: ML81958704
- Updated: 3/23/2024
- Added to Site: 36 day(s) ago
Business
- Business Type: Grocery
Rental Information
- Complex Features: Cold Storage, Kitchen, Office, Refrigeration, Public Restrooms
Additional Information
- Extras: Court Confirmation May Be Required
- Security/Safety: None
Parking
- Parking Features: Common Parking Area
Location
- Area: College Road
- County: Santa Cruz
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Garbage Collection, Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- # Buildings: 1
- Foundation: Concrete Slab
- Roof: Other
- Disability Access: Parking
- Square Feet: 5,500
- Office: 100 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Size (Acres): 1.973
- Minimum Lot Size: 85944
- Lot Size (Sq. Ft.): 85,944
- Present Use: Retail
- Zoning: C-1
Disclosures and Reports
- Restrictions: Other
Listed by Lewis Real Estate, William Lewis
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Schools
Schools serving 2202 E Lake Ave
School District:Pajaro Valley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1140 Menasco Dr, Watsonville, CA 95076 | K-5 | 0.6 mi | |
2350 E Lake Ave, Watsonville, CA 95076 | 6-8 | 0.3 mi | |
250 E Beach St, Watsonville, CA 95076 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2202 E Lake Ave
Date
Details
Price
Change
Source
3/23/2024
Listed
$2,300,000
736.36%
MLS
5/08/1995
Sold
$275,000
—
Public Record
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 2202 E Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,250
-1%
$539,506
2%
2022
$8,308
11%
$528,927
2%
2021
$7,484
4%
$518,557
1%
2020
$7,167
2%
$513,239
2%
2019
$7,033
2%
$503,175
2%
2018
$6,870
-1%
$493,309
2%
2017
$6,906
3%
$483,637
2%
2016
$6,717
3%
$474,154
2%
2015
$6,521
-18%
$467,032
2%
2014
$7,968
2%
$457,883
—
2013
$7,801
—
$455,813
—
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 2202 E Lake Ave
2202 E Lake Ave, Watsonville, CA 95076 (MLS# ML81958704) is a Store property. 2202 E Lake Ave is currently listed for $2,300,000 and was received on March 23, 2024. Want to learn more about 2202 E Lake Ave? Do you have questions about finding other Store real estate for sale in Watsonville? You can browse all Watsonville real estate or contact a Coldwell Banker agent to request more information.