Property Details
About this Property
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%.
MLS Listing Information
MLS #
ML81926820
MLS Source
MLSListings, Inc.
Days on Site
177
Buyer's Brokerage Compensation*
2.50%
Commercial Information
Loading Facility
DoorDriveIn
Parking Spaces
10
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
None
Heating
Other
Exterior Features
Roof
Metal
Foundation
Slab
Parking, School, and Other Information
Water
Public
Zoning
IG
Contact Information
Listing Agent
Nick Torres
Sherman & Boone Realtors
License #: 01719985
Phone: (831) 464-5018
Co-Listing Agent
Erik Barbic
Sherman & Boone Realtors
License #: 01736370
Phone: (831) 464-5039
347 Locust St is a Commercial Sale in Watsonville, CA 95076. This 13,843 square foot property sits on a 0.32 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,875,000 and was built in 1951. This address can also be written as 347 Locust St, Watsonville, CA 95076.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of November 01, 2023. For the most current information, please contact Nick Torres, (831) 464-5018
