47 Penny Ln Ste 1, Watsonville, CA for sale

Investment Overview

COMMERCIAL REAL ESTATE INVESTMENT OPPORTUNITY. 47 Penny Lane, Suite 1, presents an attractive opportunity to acquire a strategically positioned commercial asset in the established Watsonville market. The approximately 1,800-square-foot property offers investors a combination of functional building size, flexible commercial zoning, and a location surrounded by established retail, dining, and neighborhood-serving businesses. Constructed in 1986, the property provides a versatile footprint suitable for a range of potential retail and commercial uses. Its CO zoning designation may accommodate a variety of business concepts, providing prospective investors with flexibility to pursue an owner-user, lease-up, or repositioning strategy, subject to applicable zoning requirements and municipal approvals. The property's location near established shopping destinations, including Watsonville Plaza and East Lake Village Shopping Center, places the asset within an active commercial environment with access to complementary retail and service-oriented businesses.

Investment Highlights

• . 1,800 SF retail/commercial building
• . 1985 construction
• . CO zoning offering flexibility for various commercial uses
• . Established Watsonville commercial location
• . Proximity to Watsonville Plaza and East Lake Village Shopping Center
• . Surrounded by a diverse mix of retail, dining, and neighborhood-serving businesses
• . Attractive opportunity for an owner-user or commercial investor
• . Potential for long-term value creation through strategic occupancy and asset management