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347 Locust Street

WATSONVILLE, CA 95076
  • $1,950,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: ML81926820
UPDATED: 24 min ago
$1,950,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,843
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

Incredible opportunity for Investor or Owner User. Currently vacant, the Warehouse/Industrial Building boasts 13,843 sq ft. Includes 18 ft clear height at the low point of the interior of the Warehouse. Clear span building. Permitted mezzanine space adds another 2,500 sf for workspace or storage. Was recently approved for cannabis use. 3 Phase electric, 600 Amps, with possibility to get to 2000 Amps. Comfortable executive office spaces include a private shower Previous use includes woodworking shop. Leasing the shop at 1.00 psf NNN, puts an NOI around 166k, or a Pro Forma Cap Rate of just over 8.5%.

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Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-06-10T20:40:20.963.

www.ccpropertyfinder.com/homes/139181611
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347 Locust Street WATSONVILLE, CA 95076

  • Price: $1,950,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 24 min ago
  • ID#: ML81926820
0
Beds
0
Baths
0
½ Baths
0.32
Acres
13,843
SQFT
$141
$/SQFT
1951
Built
Neighborhood:
Watsonville
County:
Santa Cruz
Area:
Watsonville
Property Description
Incredible opportunity for Investor or Owner User. Currently vacant, the Warehouse/Industrial Building boasts 13,843 sq ft. Includes 18 ft clear height at the low point of the interior of the Warehouse. Clear span building. Permitted mezzanine space adds another 2,500 sf for workspace or storage. Was recently approved for cannabis use. 3 Phase electric, 600 Amps, with possibility to get to 2000 Amps. Comfortable executive office spaces include a private shower Previous use includes woodworking shop. Leasing the shop at 1.00 psf NNN, puts an NOI around 166k, or a Pro Forma Cap Rate of just over 8.5%.
Exterior Features

Lot Size Area 0.32 Parking Spaces Total 10

Interior Features

Building Area Total 13843

Property Features

Age 72 Electric On Property YN No For Sale Or Rent For Sale Present Use 333821 Property Sub Type Comm Ind For Sale Zoning Ig

Contra Costa Association of Realtors logo Listing courtesy of Nick Torres of Sherman & Boone Realtors: [IDXCONTACTINFORMATION].


Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-06-10T20:40:20.963.

 
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Blue Line Property Group
5087 Lone Tree Way
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