Elevator-Served Office and Retail
For Sale
Contact for pricing
Pending
124-148 S Cloverdale Blvd. & 114 Lake Street, Cloverdale, CA 95425
1984-built building offers nine elevator-served second-floor office suites, with ground-floor retail and adjacent warehouse space.
Property SizeContact for details
Days on Market141
Property Features for 124-148 S Cloverdale Blvd. & 114 Lake Street
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
8%
Amenities
elevator
Building Details
Year Built
1984
Listing Agency:
Keegan & Coppin Co. Petaluma
Listed By:
Russell Mayer · License #CA 01260916
Source:
Crexi
Added: Apr 12
Changed: Aug 15
Last Checked: Aug 28 at 10:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keegan & Coppin Co. Petaluma
Investment Insights
Based on property information with market context.
Built in 1984, this commercial office/retail/warehouse building features nine elevator-served second-floor office suites ranging from approximately 570 to 1,820 square feet. The property also includes ground-floor retail space along with an adjacent warehouse.
The building is described as a distinctive Victorian-style structure with abundant second-floor glass-line areas, an exterior alcove that opens to S. Cloverdale Blvd., and extensive brick wainscoting along the first-floor exterior. It is located on a downtown Cloverdale corner at S. Cloverdale Blvd. and Lake Street.
The property is described as a single tenant Victorian office building leased to Windermere Real Estate. All but one of the tenant spaces are leased on a month-to-month basis and are considered to be under market rent value. The offering includes stated pro forma lease rates representing an 8% CAP Rate and notes flexibility for an owner-user to occupy all or part of the building.
The building is described as a distinctive Victorian-style structure with abundant second-floor glass-line areas, an exterior alcove that opens to S. Cloverdale Blvd., and extensive brick wainscoting along the first-floor exterior. It is located on a downtown Cloverdale corner at S. Cloverdale Blvd. and Lake Street.
The property is described as a single tenant Victorian office building leased to Windermere Real Estate. All but one of the tenant spaces are leased on a month-to-month basis and are considered to be under market rent value. The offering includes stated pro forma lease rates representing an 8% CAP Rate and notes flexibility for an owner-user to occupy all or part of the building.
Key Highlights
- 1984 commercial office/retail/warehouse building in downtown Cloverdale corner location
- Nine (9) elevator‑served second‑floor office suites ranging from 570± to 1,820± SF
- Ground‑floor retail space plus adjacent warehouse space
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95425, CA
11,252
Population
4,600
Households
2.4
Avg Household Size
44
Median Age
32%
College-Educated
84%
High-School Grad
191.8 sq mi
ZIP Area
59
Density / Sq Mi
$107,281
Median Household Income
$52,487
Median Earnings
$1,307
Median Rent
$647,000
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - 1984-built building offers nine elevator-served second-floor office suites, with ground-floor retail and adjacent warehouse space.
Where is this flex space located?
The property is located at 124-148 S Cloverdale Blvd. & 114 Lake Street Cloverdale, CA.
What are key features of this property?
This property features: 1984 commercial office/retail/warehouse building in downtown Cloverdale corner location; Nine (9) elevator‑served second‑floor office suites ranging from 570± to 1,820± SF; Ground‑floor retail space plus adjacent warehouse space
