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$ 3,495,000
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Active
80 Porter Drive Watsonville, CA 95076
11,867 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 11,867 sqft
Price per Sqft $294
MLS Listing ID ML82025341
HOA Y/N No
Year Built 1945
Lot Size 0.561 Acres
Acres 0.561
Property Sub-Type Comm Ind For Sale
Property Description
Owner/operator use, future residential development or great investment property. Large commercial property known as 70 Porter Dr & 80A Porter Dr. APN # 117-332-015, APN 117-332-014. There are currently 10 rental income units. Residential tenants are on 2nd floor above Stereo Electronics store. One studio unit and 2 individual room rentals. Other long term tenants are a restaurant, auto repair, auto bodyshop, market, hair salon, battery sales, The square footage stated are either from the tax assessor records or property manager and are not guaranteed to be exact. All the commercial tenants have been long term and are on month to month agreements. New 30 year roof completed in June 2022 with 10 year warranty. All new electrical in 2015, new plumbing in residential units in 2020. There are 3 water meters (1 not being used)and seven electrical meters on the property. The pro forma shows good upside in rent potential, based on current market rental rates. This is definitely worth a look. Seller will consider some seller financing.
Location
State CA
County Monterey
Zoning C
Interior
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 117332015000
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Listed by Paul Zech • Coldwell Banker Realty
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