- For Sale $899,950
- Property Type Retail - Street Retail
- Property Size 1,800 SF
- Lot Size 0.04 Acre
- Year Built 1986
- Date Updated Oct 29, 2026
Description
STRATEGIC WATSONVILLE LOCATION! The property is strategically positioned within an established commercial environment characterized by a diverse mix of retail, dining, and neighborhood-serving businesses. Its location provides convenient access to surrounding commercial amenities and benefits from proximity to established shopping destinations, including Watsonville Plaza and East Lake Village Shopping Center. The surrounding trade area provides a strong combination of residential density, established commercial activity, and community-oriented businesses, supporting consistent exposure to local consumers and visitors.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.
Highlights
- . 1,800 SF retail/commercial building
- . 1985 construction
- . Attractive opportunity for an owner-user or commercial investor
- . CO zoning offering flexibility for various commercial uses
- . Established Watsonville commercial location
- . Potential for long-term value creation through strategic occupancy and asset management
- . Proximity to Watsonville Plaza and East Lake Village Shopping Center
- . Surrounded by a diverse mix of retail, dining, and neighborhood-serving businesses
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Contacts
DAN GLUHAICH
Intero Real Estate Services
Location
Located at 47 Penny Ln Ste 1, Watsonville, CA 95076, this property is part of the Watsonville neighborhood and Central Coast market.
Contact Listing Broker
DAN GLUHAICH
Intero Real Estate Services