$899,950
FOR SALEActive47 Penny Lane
Watsonville CA 95076
1,800
SF
Commercial
Type
1986
Built
$500/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
47 Penny Lane offers investors an opportunity to acquire a strategically located commercial property in an established Watsonville market. With its functional size, flexible zoning, and proximity to complementary retail and commercial destinations, the asset provides a strong platform for a variety of investment and operational strategies. The combination of location, commercial flexibility, and surrounding retail activity positions 47 Penny Lane as an opportunity worthy of consideration by investors seeking exposure to the Watsonville commercial market.
Property Information
Property Overview
Commercial
Property Type
Active
Status
Commercial
Zoning
0.0413 acres
Lot Size
1,800 SF
Square Footage
$499.97/SF
Price per SF
1,986
Year Built
13
Parking Total
7.22
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
Similar Commercial Properties
$4.3M141d
6,048 SF•CommercialSale344 Pennsylvania DriveWatsonville, CABailey Properties | DRE# 01341240$1.4M137d
SF N/A•CommercialSale753 E E Lake AveWatsonville, CABCRE | DRE# 02152984$775K95d
SF N/A•CommercialSaleFreedom, CAFreedom, CARE/MAX Gold | DRE# 01205366$995K159d
2,256 SF•CommercialSale125 Hangar Way 110Watsonville, CAColdwell Banker Realty | DRE# 01160202$3.0M186d
5,060 SF•CommercialSale290 Pennsylvania DriveWatsonville, CAReal Brokerage Technologies | DRE# 70010221$2.3M226d
6,874 SF•CommercialSale625 Main StreetWatsonville, CAKW Thrive Santa Cruz | DRE# 00357826$3.5M166d
SF N/A•CommercialSale2536 Freedom BoulevardWatsonville, CAColdwell Banker Realty | DRE# 01965059$3.5M66d
15,527 SF•CommercialSale2536 Freedom BoulevardWatsonville, CAColdwell Banker Realty | DRE# 01965059$849K193d
3,747 SF•CommercialSale217 E Lake AvenueWatsonville, CADavid Lyng Real Estate | DRE# 01949291$3.2M37d
13,536 SF•CommercialSaleWatsonville, CAWatsonville, CAJR Parrish Inc. | DRE# 00879054$699K204d
4,200 SF•CommercialSale14 E Lake AvenueWatsonville, CAMain Street Realtors | DRE# 01161050$1.4M102d
3,800 SF•CommercialSale163 W Lake AvenueWatsonville, CASherman & Boone Realtors | DRE# 01719985$1.4M297d
SF N/A•CommercialSale124 Gonda StreetRoyal Oaks, CAIntero Real Estate Services | DRE# 01254521$2.8M132d
1,200 SF•CommercialSale64 Marsh LaneWatsonville, CAKW Thrive Santa Cruz | DRE# 00357826$3.5M165d
29,100 SF•CommercialSaleRoyal Oaks, CARoyal Oaks, CAKW Thrive Santa Cruz | DRE# 00357826$6.0M234d
10,680 SF•CommercialSale133 Hughes RoadWatsonville, CARussell E. Gross Real Estate | DRE# 00887251$1.2M183d
1,067 SF•CommercialSale112 Capitola Avenue 100Capitola, CAColdwell Banker Realty | DRE# 01469234$10.0M157d
SF N/A•CommercialSale11775 Watsonville RoadGilroy, CACompass | DRE# 01839793$3.1M240d
2,366 SF•CommercialSale3811 Portola DriveSanta Cruz, CADavid Lyng Real Estate | DRE# 01424163$3.1M236d
SF N/A•CommercialSale3811 Portola DriveSanta Cruz, CADavid Lyng Real Estate | DRE# 01424163$8.0M746d
SF N/A•CommercialSale16475 Blackie RoadSalinas, CASotheby's International Realty | DRE# 00690879$7.3M101d
15,890 SF•CommercialSale1584 Chanticleer AvenueSanta Cruz, CAKW Bay Area Estates | DRE# 01733780$2.5M46d
8,336 SF•CommercialSale1180 Driftwood TerraceGilroy, CAMarcus & Millichap | DRE# 02024152$2.0M5d
6,400 SF•CommercialSale1010 17th AvenueSanta Cruz, CAeXp Realty of Northern California, Inc. | DRE# 01384858$1.9M4d
5,000 SF•CommercialSale1050 17th AvenueSanta Cruz, CAeXp Realty of Northern California, Inc. | DRE# 01384858
Recent commercial sales in Watsonville
Sold $11,350,000SOLD31,751 SF362 E Lake AvenueSold Oct 2026Room Real Estate | DRE #00922383Buyer's agent: Andy Kay, Room Real Estate | DRE #00922383
Sold $1,085,000SOLD2,300 SF•5 units236 Locust StreetSold Jul 2026Albers Real Estate Investment Company | DRE #01006595Buyer's agent: Oscar Gutierrez, Bailey Properties | DRE #01446932
Sold $1,125,000SOLD30 Riverside RoadSold Jul 2026Bailey Properties | DRE #01459135Buyer's agent: william Lewis, Lewis Real Estate | DRE #00360906
Sold $1,500,000SOLD7,809 SF1931 Beach RoadSold Jan 2026Main Street Realtors | DRE #01161050Buyer's agent: Datta Khalsa, Main Street Realtors | DRE #01161050
Sold $2,350,000SOLD4,260 SF1000 W Beach StreetSold Dec 2025KW Thrive Santa Cruz | DRE #70010159Buyer's agent: The Portola Group, KW Thrive Santa Cruz | DRE #70010159
Sold $1,900,000SOLD3,980 SF137 Calabasas RoadSold Oct 2025El Camino Realty | DRE #00755878Buyer's agent: Chuck Fischer, El Camino Realty | DRE #00755878
Closed commercial sales reported, newest first.