Historic Fox Theater

Posted by City of Watsonville, CA

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Development Site

Development Opportunity

Size

0.28 acres

Ownership

Privately Owned

Availability

For Sale
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Site Description

A historic theater with attached restaurant. The theater was built in the early 1900's as a California Theater and later transitioned to a Fox Theater. The space can be reused as a movie theater with on large screen theater and two smaller screens upstairs. It could also be converted into a live music or events space. While this space needs a little work, it has great bones and could be a money maker for the right owner.

Local Description

Watsonville residents frequently express a desire to have more arts and entertainment uses, especially in Downtown. This property has a theater that could easily be reused and a turn key restaurant space. The right owner could do very well on this property for the price.

Planning & Policy Documents / Request for Proposals (RFP)

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Technical/Environmental Studies

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Financial/Economic Reports

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General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Other Completed Agency Approvals

No other agencies involved other than health department

Environmental Approval / Status

No EIR required to convert the structure

Zoned for Preferred Outcomes

Political Support

Community Support

Community wants a live music or theater space - especially with Spanish Language films.

Fast Track Approval

City will work with buyer to find best path to approval.

Other Incentives

This project will be eligible for CA Competes Tax Credits

Costs

May need to add bathrooms - City will work with buyer.

Infrastructure

All infrastructure there.

Transportation

On Main Street - easy to access

Private Investment

City is investing in new downtown streetscapes and this intersection is a focus. The restaurant will pick up between 15 and 30 seats outdoors.

Local Development Trends & Market Indicators

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5 Maple Ave, Watsonville, CA 95076

0.28 acres (12140.72 sqft)
Owner
Pajaro
Details
APN: 017-113-06

Contact Kurt Overmeyer

Kurt, from City of Watsonville, has more details.

Created on November 13th, 2014 (last updated over 1 year ago)