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375 S Main St, Lakeport, CA 95453

Commercial property

375 S Main St, Lakeport, CA 95453 Sold November 2023 CRMLS
$400,000Sold November 2023

Listing Agent: Chris Steele (DRE #01494936) · Listing Office: RE/MAX Gold · Contact: 408-993-8543 · Bought with: Cassie Pivniska · Pivniska Real Estate Group · MLS #41024480 · Source: CRMLS

6.00%
Cap Rate
$26,000
NOI
0.20 ac
Lot Size
1930
Year Built
C-2
Zoning
Commercial property
Type

About this commercial property

Welcome to 375 S Main Street in Lakeport California! Investment (8.0% cap rate) or owner-user for sale. Fully rented. High visibility corner location near the lake with mixed-use building ideally suited for investment and/or live work. This is a 2,525 square foot mixed use office and residential building on a 9,148 square foot lot with 6 units and common utilities. The 2nd floor used previously as residence with two rooms with full bathroom currently being used as offices. On-site and street parking directly adjacent to building. Zoning C-2 Major Retail. General Plan Designation: Central Business District. Flexible zoning allows for mixed use, commercial and residential. Subject Property: Reference Lake County APN 025-501-030-000 Prime location close to lake with neighboring commercial and residential community.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$400,000
Sold November 2023 · listed $430,000, orig. $485,000, on market April 2023 · MLS #41024480 · Source: CRMLS
Listing Agent: Chris Steele · Listing Office: RE/MAX Gold · Contact: 408-993-8543 · Bought with: Cassie Pivniska · Pivniska Real Estate Group
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