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$850,000

FOR SALEActive

5180 Hill Road E

Lakeport CA 95453

10,453

SF

Office

Type

1988

Built

$81/SF

Cost/SF

88 days on marketNalren refreshed

Listing Agent

Damon Schoeffler

Listing Agent

DRE #: 02206978

(707) 355-6000

Brokerage: Timothy Toye and Associates

Timothy Toye

DRE #: 01182874

Brokerage: Timothy Toye and Associates

Location Analysis

MapProperty Location

About This Property

UNEQUALLED COMMERCIAL INVESTMENT OPPORTUNITY - INVEST IN THE GROWING MEDICAL INDUSTRY, and profit big time. Buy a quality building at only $81 sf. This modern six unit office building, on one acre, is designed for medical offices but could be adapted to any office use. Located directly adjacent to the Lakeport Sutter Lake Hospital complex puts this investment opportunity right in the thick of high volume medical related traffic. The four upstairs units feature skylights creating an attractive quiet environment surrounded by peaceful professional landscaping. The two downstairs units could be one large unit suited for the right tenant. Ample parking provide easy access to all units, upstairs and downstairs. Each comfortable unit features its own A/C system and back entrance for staff. The building has been well maintained and has great potential for the future. Personal circumstances force quick sale. When back to full rent, cap rate is an unbelievable 19%.

Property Information

Property Overview

Commercial - Office

Property Type

Active

Status

1.12 acres

Lot Size

27

Total Units

10,453 SF

Square Footage

$81.32/SF

Price per SF

19.00%

Cap Rate

$163K

NOI

$24,863

Annual Tax

1,988

Year Built

2

Stories

60

Parking Total

5.74

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

19% Cap Rate

Location Analysis

Map

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