Commercial property
Listing Agent: Timothy Toye (DRE #01182874) · Listing Office: Timothy Toye and Associates · Contact: 707-928-6900 · Bought with: Timothy Toye · Timothy Toye and Associates · MLS #LC25075764 · Source: CRMLS
1275 Craig Avenue sold for $665,000 in August 2025, 5.0% under its $700,000 list price, after 99 days on the market. It was first listed at $725,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
SOLID GOLD INVESTMENT PROPERTY with long-term corporate tenant since 1985. Triple net lease. Warehouse building of 5800 sf on level 1.38 acre parcel, mostly paved, and conveniently located in the industrial part of Lakeport. Cap rate of around 6% with rent review due in 2026. Hard one to pass up.
Listing description from the August 2025 sale, as reported to CRMLS.