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LEASE-TO-OWN OPTION AVAILABLE 41 Hangar Way 10,216 SF Industrial Building Watsonville, CA 95076 $3,486,105 CAD ($341.24 CAD/SF)
Executive Summary
In a market where replacement costs and entitlement timelines continue to rise, opportunities to acquire existing industrial assets with functional infrastructure already in place are becoming increasingly difficult to replicate. 41 Hangar Way offers buyers the ability to step into immediate utility and occupancy without the time, cost, and risk associated with new development.
41 Hangar Way offers a rare chance to own a building in one of South Santa Cruz County’s most established light industrial corridors. The property is partially leased with a stable, low-impact tenant mix occupying 47% of the building, while approximately 5,400 SF remains available—providing both upside potential and SBA loan eligibility with 53% vacancy.
The building is well-equipped with ample power and features a commercial-grade kitchen infrastructure including floor drains and a grease trap. Its combination of existing tenancy, strong utilities, and versatile improvements makes this property attractive for both investors and owner-users in a tight industrial market.
41 Hangar Way offers a rare chance to own a building in one of South Santa Cruz County’s most established light industrial corridors. The property is partially leased with a stable, low-impact tenant mix occupying 47% of the building, while approximately 5,400 SF remains available—providing both upside potential and SBA loan eligibility with 53% vacancy.
The building is well-equipped with ample power and features a commercial-grade kitchen infrastructure including floor drains and a grease trap. Its combination of existing tenancy, strong utilities, and versatile improvements makes this property attractive for both investors and owner-users in a tight industrial market.
Property Facts
| Price | $3,486,105 CAD | Rentable Building Area | 10,216 SF |
| Price Per SF | $341.24 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1979 |
| Property Type | Industrial | Parking Ratio | 5.93/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.72 AC | ||
| Zoning | Industrial Park | ||
| Price | $3,486,105 CAD |
| Price Per SF | $341.24 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 10,216 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 5.93/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | Industrial Park |
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 5,400 SF
- Flex
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,400 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 5,400 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 015-111-21-000 | Improvements Assessment | $1,483,313 CAD |
| Land Assessment | $1,812,937 CAD | Total Assessment | $3,296,250 CAD |
Property Taxes
Parcel Number
015-111-21-000
Land Assessment
$1,812,937 CAD
Improvements Assessment
$1,483,313 CAD
Total Assessment
$3,296,250 CAD
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LEASE-TO-OWN OPTION AVAILABLE | 41 Hangar Way
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