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Listed by James Magliulo • Country Air Properties
$ 725,000
Est. payment | /mo
5,475 SqFt
$ 725,000
Est. payment | /mo
5,475 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,475 sqft
Price per Sqft $132
MLS Listing ID 325025478
Construction Status Exterior-Very Good,Interior-Very Good
HOA Y/N Yes
Year Built 1970
Property Sub-Type Mixed Use
Property Description
Introducing The Verizon Building: Office/Retail Building at Hwy 53 & Lakeshore Dr. in Clearlake. This prime investment property offers a fully rented building with three offices and one apartment, strategically located on a high-traffic corner. Tenant 1, with a longstanding 20-year occupancy, and Tenant 2 are on flexible month-to-month leases, while Tenant 3 (Verizon) has a lease until June 2027. The apartment, Tenant 4, also operates on a month-to-month basis. With a solid rent roll available, this property boasts a well-maintained structure, including a new roof and updated HVAC systems, with maintenance records on hand for review. Additionally, the sale includes an adjoining parcel for expanded prospects. Ready to step into a lucrative Lake County investment opportunity? Let's unlock the potential together
Location
State CA
County Lake
Area Lake County
Zoning Commercial
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 20.0
Building
Lot Description Corner, Dead End, Private
Sewer Public Sewer
Water Public
Construction Status Exterior-Very Good,Interior-Very Good
Others
Special Listing Condition None
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Milli Cannata
Broker Associate | Lic# DRE# 01990936