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    102 S Main Street

    Lakeport, CA 95453
    • $599,000
    • STATUS: Active
    • ON SITE: 347 days
    • ID#: LC20098094
    UPDATED: 8 min ago
    $599,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,900
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1939
    County:

    School Ratings & Info

    Description

    COMMERCIAL OFFICE BUILDING FULLY LEASED! Located on a corner lot on a high profile street in Lake County's busiest town. Two fully leased offices totaling 7900 Sq Ft, with a basement that is also 7900 Sq Ft. No deferred maintenance, with steady income, no vacancy, minimal management needed, and with a gross return approx 6.75%, about as good as it gets for a commercial property!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T21:31:20.203. 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 or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
    www.searchsocalrealestate.com/homes/106473239
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    102 S Main Street Lakeport, CA 95453

    • Price: $599,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: LC20098094
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    7,900
    SQFT
    $76
    $/SQFT
    1939
    Built
    Neighborhood:
    LCLPS - Lakeport South
    County:
    Lake
    Area:
    LCLPS - Lakeport South
    Property Description
    COMMERCIAL OFFICE BUILDING FULLY LEASED! Located on a corner lot on a high profile street in Lake County's busiest town. Two fully leased offices totaling 7900 Sq Ft, with a basement that is also 7900 Sq Ft. No deferred maintenance, with steady income, no vacancy, minimal management needed, and with a gross return approx 6.75%, about as good as it gets for a commercial property!
    Exterior Features

    Construction Materials Concrete Fencing None Lot Features 2-5 Units/AcreCorner Lot Sign On Property YN Yes

    Property Features

    Additional Parcels YN No Cap Rate 6.73 Common Interest None Current Financing None Gross Scheduled Income 50400 Insurance Expense 4846 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalSubmit Maintenance Expense 470 Net Operating Income 40332 Number Of Units Leased 2 Operating Expense 10068 Property Sub Type Retail Special Listing Conditions Standard Utilities Electricity ConnectedPhone Connected Water Source Public

    Listing provided courtesy of Janice Hodges of Timothy Toye And Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T21:31:20.203. 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 or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
     
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    Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
    1063 W Sixth Street
    Ontario CA, 91762