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18 Hangar Way 8,596 SF 100% Leased Industrial Building Watsonville, CA 95076 $2,400,000 ($279.20/SF)
EXECUTIVE SUMMARY
10,500 sf building located on Hangar Way in Watsonville on a parcel just over 20,000 sf. The building was significantly upgraded in 2019. Clear span building without any posts on the warehouse floor has 20 ft interior clear height and 3 large roll up doors. Spray foam insulation on the interior helps maintain a pleasant working environment. High-end office buildout with designer finishes and 3 kitchens spread throughout the building. Easy to subdivide to allow for multiple tenancies. Security fence with an access gate at the entry of the property.
While currently combined, Suite A is a 50x50 warehouse with an additional 2,400 sf of executive offices (2 kitchens). Suite B is 5,000 sf of warehouse with 1,000 sf of office space (plus kitchen). Great opportunity for an owner/user to generate income until ready to expand.
Existing racking and furnishings negotiable.
While currently combined, Suite A is a 50x50 warehouse with an additional 2,400 sf of executive offices (2 kitchens). Suite B is 5,000 sf of warehouse with 1,000 sf of office space (plus kitchen). Great opportunity for an owner/user to generate income until ready to expand.
Existing racking and furnishings negotiable.
PROPERTY FACTS
| Price | $2,400,000 | Lot Size | 0.46 AC |
| Price Per SF | $279.20 | Rentable Building Area | 8,596 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built | 1980 |
| Property Type | Industrial | Parking Ratio | 2.09/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Light Industrial | ||
| Price | $2,400,000 |
| Price Per SF | $279.20 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 8,596 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.09/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Light Industrial |
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PROPERTY TAXES
| Parcel Number | 015-111-41-000 | Improvements Assessment | $536,101 |
| Land Assessment | $830,957 | Total Assessment | $1,367,058 |
PROPERTY TAXES
Parcel Number
015-111-41-000
Land Assessment
$830,957
Improvements Assessment
$536,101
Total Assessment
$1,367,058
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