VERSATILE COMMERCIAL OPPORTUNITY IN A PRIME WATSONVILLE LOCATION - ideal for both investors and owner-users seeking flexibility and long-term upside. Situated on a 9,104 SF lot, this 3,747 SF multi-suite property is currently configured with 7 individual offices and 1 medical suite, offering a rare blend of income potential and… Read More functional layout. Perfect for an owner-occupant looking to establish a presence with income potential or for an investor seeking a stable, multi-tenant asset in a central location. The flexible suite configuration allows for a variety of uses including professional offices, medical, wellness, or creative workspace. Multiple entry points and well-proportioned suites provide the ability to lease individually or reconfigure to suit a larger single-user footprint. Ample on-site parking and strong street presence along E Lake Avenue enhance accessibility and visibility for tenants, clients, and customers alike. Positioned in a high-demand corridor with convenient access to Highway 1 and nearby amenities, this property offers both immediate usability and long-term growth potential. Whether you're expanding your business, diversifying your portfolio, or securing a strategic location, 217 E Lake presents a compelling opportunity in the heart of Watsonville. Read Less
Courtesy of David Lyng Real Estate, Greg Lukina 831-600-5581
Listing Snapshot
Days Online
0
Last Updated
Property Type
Commercial Property
Square Ft.
3,747
Lot Size
0.21 Acres
Year Built
1907
MLS Number
ML82044911
30 Days Snapshot Of 95076
$1.22M
+23%
(avg) sold price
26
+52%
homes sold
37
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 9104.00, Max Area Units: Square Feet, 0 yard square feet, Lot is 0.20899908172635 acres
Accessibility Features
None
Building
3,747 structure square feet, 3,747 net leasable square feet, 0 warehouse square feet, Built in 1907, Age: 119
Cooling
None
Foundation
Concrete Perimeter
Garage
Parking Area, Uncovered Parking
Water Features
Public
Heating
Central Forced Air - Gas
Interior Features
Minimum ceiling height: 9
Tenant Pays
Utilities - Electric, Other
Miscellaneous
7 tenants, Total expenses: 21194
Parking
10 parking spaces
Property
Zoning: DWSP
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $2,890
Utilities
Public Utilities, Master Gas, Master Water, Separate Electric
Sewer
Sewer - Public
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