Watsonville, CA 95076,80 Porter DR #A
Watsonville, CA 95076,80 Porter DR #A
Watsonville, CA 95076,80 Porter DR #A
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$3,995,000
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82025341

HOA Y/N No

Year Built 1945

Annual Tax Amount $2,131

Property Description

Owner/operator use, 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

Area 699 - Not Defined

Zoning C

Interior

Cooling None

Fireplace No

Exterior

Roof Type Other

Present Use Commercial

Total Parking Spaces 17

Building

Water Public

Others

Tax ID 117332015000


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CRMLS – RECore
Listed by Paul Zech Coldwell Banker Realty
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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80 Porter DR #A