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Listed by James Magliulo • Country Air Properties
$ 755,000
Est. payment | /mo
$ 755,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC-23198778
Year Built 1970
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? Contact us today for a detailed marketing brochure and further information on this remarkable property. Let's unlock the potential together!
Location
State CA
County Lake
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Electricity Connected
Building
Lot Description Paved, Corner Lot, 0-1 Unit/Acre
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Darren Humphrey
Partner | Lic# DRE 01724424