Property Details
About this Property
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 Listing Information
MLS #
ML82021450
MLS Source
MLSListings, Inc.
Days on Site
6
Commercial Information
# Buildings / # Units
2 / 6
Parking Spaces
7
Present Use
Business/Professional, Food Service, Mini Storage, Mixed, Retail
Interior Features
Cooling
Ceiling Fan, Other
Heating
Central Forced Air - Gas, Electric, Space Heater
Exterior Features
Roof
Tar/Gravel, Tile
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Sewer
Public Sewer
Zoning
CT
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
771 Freedom Blvd is a Commercial Sale in Watsonville, CA 95076. This 4,490 square foot property sits on a 9,975 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,075,000 and was built in 1937. This address can also be written as 771 Freedom Blvd, Watsonville, CA 95076.
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This listing information is up-to-date as of September 12, 2025. For the most current information, please contact Troy Hinds, (831) 706-6224
