Link Copied
Listed price in listed location currency (USD).
$910,000
$1,075,000

007

MLS® ML82021450

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $12,462
Approx. Age 1937
MLS® Number ML82021450

Property Address: 771 Freedom Blvd, Watsonville, CA, 95076-3833

Average square foot calculated using Size range provided by listing agent.

Description

Retail Visibility, Stability, Flexibility, and Cash Flow - Over 6.00% Current Cap Rate: This commercial investment offers prime frontage and two established retail suites serving the neighborhood with additional income from rear storage units, benefitting from stable leases and diversified cash flow. With 100% occupancy, long-standing tenants, and stable in-place income, and month-to-month lease terms this asset appeals to local or regional investors seeking immediate cash flow, as well as long-term upside through either lease optimization or residential redevelopment. Garage doors are approximately 10 ft tall and the interior height of the garages are approximately 14 ft. New roof on rear building 2020. Front Building consists of 2, 590 SF of retail space divided into two (2) primary retail suites, each with their own bathroom: 771 and 771-A. Utilities include two separate electric meters with shared gas, water, sewer, and garbage. Rear Building includes 1, 900 SF of industrial self-storage divided into three (3) units: 771-B, C, and D each with six (6) high-lift garage doors. Unit B incorporates an additional front office and private bathroom. Utilities include one electric and one water meter servicing all three commercial storage Units B, C, and D. Shared sewer and garbage.
MLS® NumberML82021450
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1937
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Sep 26, 2025End Date
$910,000Sold Price

Sold

Sep 11, 2025List Date
$1,075,000List Price
  • Commute

Commute

Starting Address
Destination Address
771 Freedom Blvd, Watsonville, CA

Similar Listings

Comparable Properties