47 Penny Ln
Watsonville, CA 95076
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Santa Cruz County Investment Opportunity - Rare opportunity for owner-users and investors to acquire a well located Watsonville medical building.
- Owner User or Value Add Opportunity – The property is currently leased to The Foot Doctors until July 31, 2024
- Strong Demographics - Within a 5 mile radius of the property the 2023 population is 83,017 and the median household income is $72,454.
- Location, Location, Location - Excellent Watsonville location and visibility on the corner of Penny Ln and Aspen Way with ample onsite and street pkg
- The building is a single tenant medical office building with a dedicated reception, 6 exam rooms, x-ray room, 2 offices, break area, and file storage
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
1,941 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,941 SF
Building FAR
0.89
Lot Size
0.05 AC
Zoning
C-O - C-O Office
Parking
15 Spaces (7.73 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Central Heating
- Partitioned Offices
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $689,589 | |
| Land Assessment | $506,545 | Total Assessment | $1,196,134 |
