Warehouse and Office Flex
16294 Main, Lower Lake, CA 95457
For Sale
$699,000
Two connected warehouse units with office space, roll-up doors, and fenced yard offer flexible space for an expanding business.
Property Size8,200 SF
Lot Size0.53 Acres
Price / SF$85.24
Days on Market143
Property Features for 16294 Main
General Information
Standard status
Size
Lot size
Additional Details
Business Included
Fenced Yard
Building Details
Year Built
Listing Agency:
Century 21 Epic-Clearlake
Listed By:
Cheryl Marinaro · License #01280648
(707) 994-6141
Source:
Myfabuloushome
Added: Jun 20
Changed: Oct 25
Last Checked: Oct 7 at 4:13PM
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 Century 21 Epic-Clearlake
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes two units within a large warehouse setting, totaling 8,200 square feet, situated on a fenced 0.53-acre corner lot. The buildings are connected by a breezeway, creating an integrated layout that includes office areas along with substantial storage space. Concrete flooring and covered parking support practical day-to-day operations.
Each unit features its own 14 x 16 roll-up door, with separate power and water meters for added operational independence. On-site covered carport parking is also included. The property is located on Main Street in Lower Lake, with straightforward access for employees and deliveries.
For a business seeking room to grow while keeping space functional, the mix of warehouse and office space can support operations that require both storage and on-site work areas. The fenced yard, corner-lot positioning, and separate utilities by unit provide flexibility for owners and operators considering an expansion, consolidation, or multi-space setup under one roof.
Each unit features its own 14 x 16 roll-up door, with separate power and water meters for added operational independence. On-site covered carport parking is also included. The property is located on Main Street in Lower Lake, with straightforward access for employees and deliveries.
For a business seeking room to grow while keeping space functional, the mix of warehouse and office space can support operations that require both storage and on-site work areas. The fenced yard, corner-lot positioning, and separate utilities by unit provide flexibility for owners and operators considering an expansion, consolidation, or multi-space setup under one roof.
Key Highlights
- Two connected warehouse units totaling 8,200 SF on a 0.53‑acre fenced lot on Main Street in Lower Lake
- Office areas plus plenty of storage in the large warehouse setting, with buildings connected by a breezeway
- Concrete flooring throughout and 14 ft x 16 ft roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,173
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,263,460
$1.3M
Cap Rate 7%
$902,471
$902.5K
Cap Rate 9%
$701,922
$701.9K
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$81.7K $9.96/SF
− Vacancy
−$7.4K −$0.90/SF
EGI
$74.3K $9.06/SF
− OpEx
−$11.1K −$1.36/SF
NOI
$63.2K $7.70/SF
Area
Lake County, CA
Vacancy
9.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,263,460
Cap Rate 7%
$902,471
Cap Rate 9%
$701,922
Alternative Uses
Best Use
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,588 @ 7.0% cap · market cap 13.25%
Second Best
Industrial
$962.0K
$841.7K – $1.12M
NOI $67,337 @ 7.0% cap · market cap 9.63%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,379 @ 7.0% cap · market cap 32.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95457, CA
3,231
Population
1,801
Households
1.8
Avg Household Size
47
Median Age
22%
College-Educated
88%
High-School Grad
147.9 sq mi
ZIP Area
22
Density / Sq Mi
$52,266
Median Household Income
$32,839
Median Earnings
$1,078
Median Rent
$414,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Two connected warehouse units with office space, roll-up doors, and fenced yard offer flexible space for an expanding business.
Where is this flex space located?
The property is located at 16294 Main Lower Lake, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two connected warehouse units totaling 8,200 SF on a 0.53‑acre fenced lot on Main Street in Lower Lake; Office areas plus plenty of storage in the large warehouse setting, with buildings connected by a breezeway; Concrete flooring throughout and 14 ft x 16 ft roll‑up doors
