347 Locust ST

WATSONVILLE, CA, 95076

$1,950,000

$1,950,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1951
PRICE IMPROVEMENT! Incredible opportunity for Investor or Owner User. High demand Warehouse/Industrial Building boasts approx 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. 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%.
MLS® ID:
ML81913253
Updated:
4/1/23
Side
RF Real Estate
Mobile: (831) 728-0555Email: hello@raeidfarhat.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Other

Exterior/Building Features

Lot Size
0.34 acres lot
Roof
Metal
Sewer
Sewer - Public

Other Property Details

Area Name
56
Garage
Yes
Parking
Off-Street Parking
Parking Total
5.0
View
Y
County
Santa Cruz
Utilities
Public Utilities
Water Source
Public
Pool
No
Total Stories
1
Zoning
IG

Property History

Date
Event
Price
Value
2/9/23
Price Change
$1,950,000
-24%
2/19/23
Under Contract
-
-
3/20/23
Active
-
-

Courtesy of Sherman & Boone Realtors, Nick Torres,
Listing Contact: 831-464-5018 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor RF Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:18 AM UTC, 4/1/23

 

Side
RF Real Estate
Mobile: (831) 728-0555Email: hello@raeidfarhat.com
Contact