Prime Lakefront Mixed-Use Investment – Downtown Clearlake
Exceptional income-producing property combining street-front commercial with residential rental units on prestigious Lakeshore Drive.
Commercial Unit (Main Level): Completely remodeled storefront on main thoroughfare featuring kitchenette (has sink and cabinets ), full bathroom, storage room, and attic storage. Large tile deck with spectacular lake views—ideal for retail, office, salon, or service business. High visibility and foot traffic location.
Studio Apartment: Separate entry with bedroom, kitchenette, full bathroom, dining area, and spacious lake-view deck.
One-Bedroom/One-Bath Apartment: Living room, kitchen, bathroom, downstairs bedroom, abundant storage, and lake-view deck.
Additional Features: Dedicated laundry area serving residential units. Potential to develop additional 2-bedroom/2-bath unit.
Investment Highlights:
- Triple revenue streams from commercial and residential leasing
- Recently upgraded throughout with quality finishes
- Lakefront location enhances tenant appeal and business visibility
- Owner-occupancy option in residential unit
- Expansion potential for additional rental unit
Location: Downtown Clearlake near shopping, dining, parks, and Clear Lake recreation.
3970 Oakland: Sold $210,000 · 2 bd · 2 ba · 896 sqft · Sep 2026 · 0.2 mi August Schmitt Realty Solutions | DRE #01988680 Buyer's agent: August Schmitt, August Schmitt Realty Solutions | DRE #01988680
14565 Uhl: Sold $144,500 · 2 bd · 2 ba · 914 sqft · Jul 2026 · 0.3 mi RE/MAX Gold Lake County | DRE #02077088 Buyer's agent: Bridget King, Luxe Places International Realty | DRE #02086783
14385 Uhl: Sold $205,000 · 2 bd · 2 ba · 1,372 sqft · Aug 2026 · 0.3 mi August Schmitt Realty Solutions | DRE #01988680 Buyer's agent: August Schmitt, August Schmitt Realty Solutions | DRE #01988680
3767 Buckeye: Sold $170,000 · 3 bd · 2 ba · 1,440 sqft · Sep 2026 · 0.3 mi August Schmitt Realty Solutions | DRE #01988680 Buyer's agent: August Schmitt, August Schmitt Realty Solutions | DRE #01988680
3910 Mullen Avenue: Sold $50,000 · 2 bd · 2 ba · 960 sqft · Jul 2026 · 0.4 mi Century 21 Epic-Clearlake | DRE #02021763 Buyer's agent: Donald Owens, RE/MAX Gold Lake County | DRE #01721644
4153 Frye Avenue: Sold $95,000 · 2 bd · 1 ba · 1,012 sqft · Jul 2026 · 0.6 mi Luxe Places International Realty | DRE #02083730 Buyer's agent: Vera Crabtree, Luxe Places International Realty | DRE #02083730
14050 Division Avenue: Sold $275,000 · Oct 2026 · 0.6 mi Country Air Properties | DRE #01852966 Buyer's agent: James Magliulo, Country Air Properties | DRE #01852966
3551 Buckeye: Sold $169,000 · 2 bd · 1 ba · 960 sqft · Jul 2026 · 0.7 mi Luxe Places International Realty | DRE #01368631 Buyer's agent: Cristina Tineo, NONMEMBER MRML | DRE #02182518
Based on information from the California Regional Multiple Listing Service, Inc. as of 9/29/2026 8:32 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: NextHome Experiences
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.