$400,000
$430,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 11/16/2023
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41024480
Sold Date 11/16/23
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,918
Lot Size 8,712 Sqft
Property Description
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.
Location
State CA
County Lake
Zoning C-2
Interior
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 8
Others
Tax ID 025501030000
Financing Other
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Bought with Cassie Pivniska • Pivniska Real Estate Group
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "