771 Freedom Boulevard, Watsonville, California 95076
- $1,075,000
- $1,075,000
Overview
- Commercial Sale
- 4490 Sqft
- 1937
Description
Retail Visibility, Stability, Flexibility, and Cash Flow – Over 6.00% Current Cap Rate: This commercial investment offers prime frontage and two established retail suites serving the neighborhood with additional income from rear storage units, benefitting from stable leases and diversified cash flow. With 100% occupancy, long-standing tenants, and stable in-place income, and month-to-month lease terms this asset appeals to local or regional investors seeking immediate cash flow, as well as long-term upside through either lease optimization or residential redevelopment. Garage doors are approximately 10 ft tall and the interior height of the garages are approximately 14 ft. New roof on rear building 2020. Front Building consists of 2, 590 SF of retail space divided into two (2) primary retail suites, each with their own bathroom: 771 and 771-A. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. Rear Building includes 1, 900 SF of industrial self-storage divided into three (3) units: 771-B, C, and D each with six (6) high-lift garage doors. Unit B incorporates an additional front office and private bathroom. Utilities include one electric and one water meter servicing all three commercial storage Units B, C, and D. Shared sewer and garbage.
Address
Open on Google Maps-
Address: 771 Freedom Boulevard
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State/county: CA
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Zip/Postal Code: 95076
Details
Updated on October 9, 2025 at 11:51 pm-
Property ID ML82021450
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Price $1,075,000
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Property Size 4490 Sqft
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Land Area 0.229 Acres
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Year Built 1937
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Property Type Commercial Sale
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Property Status Closed
Additional details
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Roof Tar/Gravel, Tile
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Heating Electric, Space Heater
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County Santa Cruz
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Property Type Commercial Sale
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