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    301 Forbes St Lakeport, CA 95453

    For Sale
    $495,000

    Prime Downtown Location, Investment Opportunity

    Property size:
    1,617 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 301 Forbes Street, Lakeport, CA, presents a unique investment or owner-user opportunity. The 1,617 square foot building is ideally situated in the heart of downtown Lakeport, directly across the street from the County Court Building, ensuring high visibility and convenient access. The property includes an additional 0.13-acre lot, offering potential for expansion or future development. Currently configured with eight individual offices and a mini-kitchen, the interior layout is versatile and adaptable to a variety of commercial uses. The building's prime location offers easy walking access to other downtown Lakeport businesses, providing significant advantages for both employees and clients. The asking price is $495,000. This presents a rare chance to acquire a well-located commercial property in a thriving downtown area. The combination of the existing building and the additional lot provides significant flexibility for future growth and development, making this an attractive proposition for both investors and businesses seeking a prominent location. The property's proximity to the County Court Building ensures a steady stream of potential clientele, further enhancing its investment appeal. Serious inquiries are encouraged to explore this compelling opportunity.

    Property Features for 301 Forbes St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,617 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1943
    Property Profile Location Intelligence

    Current Use by Public Records

    Thomas G. Feimer, ... Attorney North Lake Investigations Private Investigator William Conwell Law ... Legal Services law office of siena ... Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeport
    County
    Lake
    State
    California
    Longitude
    -122.9164
    Latitude
    39.04409

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Location, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 301 Forbes St Lakeport, CA.
    What is the asking price?
    The asking price for this property is $495,000.
    (707) 263-5521
    Request Owner's contact information
    301 Forbes St Lakeport, CA 95453
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    Lakeport, CA 95453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Forbes St Lakeport, CA 95453
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