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Becky Campos
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(831) 444-8500
Mobile Phone:
(831) 818-7607
rcampos969@aol.com

DRE# #00575464
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FOR SALE
$500,000

240 E Lake Avenue
Watsonville, CA 95076

General Commercial
Residence
0.188
Lot Size
1of
Photos
Map
Courtesy: Raeid Farhat - Raeid Farhat Real Estate
Opportunity Knocks! Great upside potential! Building consists of 7 private offices, 2 bathrooms, kitchen/break-room & 2 reception areas. Great for office or Medical professionals. Possibility/ability to convert into a Single Family, or Multiple unit property! Potential income could generate $70,000-$75,000 +- a year. City of Watsonville Planning Department says that "Property can be converted from commercial to residential. Residential development projects are permitted in CN zone subject to an approved Special Use permit by the Planning Commission. Determination for residential density in the CN zone will be given based on the nearest residential zone. In this case It happens to be HIGH density Zone (RM-3). Staff will support a project that confirms to the City Municipal Code." Few multi residential properties for sale, & we have a shortage of avail rentals in Watsonville. This could be great income producing property. Upside to this property is HUGE! Add Value.
ML81738263
General Commercial, Other
Santa Cruz County
1962
0.188 Acres
Public Sewer
School Rating Out of 10
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Courtesy: Raeid Farhat - Raeid Farhat Real Estate
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