217 East Lake Avenue, WATSONVILLE, CA 95076
Santa Cruz County
Key Facts
Listed By: David Lyng Real Estate - 8314385700
Listed By: Greg Lukina
Description
VERSATILE COMMERCIAL OPPORTUNITY IN A PRIME WATSONVILLE LOCATION - ideal for both investors and owner-users seeking flexibility and long-term upside. Situated on a 9,104 SF lot, this 3,747 SF multi-suite property is currently configured with 7 individual offices and 1 medical suite, offering a rare blend of income potential and functional layout. Perfect for an owner-occupant looking to establish a presence with income potential or for an investor seeking a stable, multi-tenant asset in a central location. The flexible suite configuration allows for a variety of uses including professional offices, medical, wellness, or creative workspace. Multiple entry points and well-proportioned suites provide the ability to lease individually or reconfigure to suit a larger single-user footprint. Ample on-site parking and strong street presence along E Lake Avenue enhance accessibility and visibility for tenants, clients, and customers alike. Positioned in a high-demand corridor with convenient access to Highway 1 and nearby amenities, this property offers both immediate usability and long-term growth potential. Whether you're expanding your business, diversifying your portfolio, or securing a strategic location, 217 E Lake presents a compelling opportunity in the heart of Watsonville.
Property Information
Property Type
Commercial Sale
Year Built
1907
Stories
2
Living Area
3,747 sq ft
Parking Spaces
10
Ownership
Trust
MLS® Listing#
ML82044911
Property Features
Cooling
Heating
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$2,890
Parcel Number
018-251-18-000
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WATSONVILLE, CA
- $943,750
- Median Listing Price
- 47
- Median Days on Market
- 1,622
- Median Sq Ft
- $585
- Median Price / Sq Ft
- 234
- Active Listings
- This home’s price is 6% above the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WATSONVILLE, CA.
Location
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 101 Shell Drive, Watsonville, CA | $705,000 | 1 | 1 | 800 |
| 101 Shell Drive 108, WATSONVILLE, CA | $705,000 | 1 | — | 800 |
| 101 Shell Drive 108, Watsonville, CA | $705,000 | 1 | 1 | 800 |
| 238 Brookhaven Lane, Watsonville, CA | $715,000 | 3 | 2 | 1,396 |
| 238 Brookhaven Lane, Watsonville, CA | $715,000 | 3 | 2 | 1,396 |
| 238 Brookhaven Lane, WATSONVILLE, CA | $715,000 | 3 | — | 1,396 |
Moving Cost Estimate
EXIT Agents in WATSONVILLE
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
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