Lower Lake Commercial
For Sale
$375,000
16345 Main St, Lower Lake, CA 95457
Rare commercial property in Lower Lake's historic business district.
Property Size2,640 SF
Price / SF$142.05
Days on Market195
Property Features for 16345 Main St
General Information
Standard status
Active
Size
2,640 SF
Building Details
Year Built
1985
Listing Agency:
Navigate Real Estate
Listed By:
Rochelle Costello · License #02229414
(707) 987-2003
Source:
Myfabuloushome
Added: Mar 27
Changed: Oct 3
Last Checked: Oct 5 at 8:18PM
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 Navigate Real Estate
Investment Insights
Based on property information with market context.
This commercial property is located in the heart of Lower Lake's historic business district, offering high visibility. Previously operating as a feed store, the property includes a 2,640 sq/ft storefront main building suitable for retail or office space. An attached 2,520 sq/ft warehouse features two loading bays. Additional storage is available in a 1,152 sq/ft pole barn, along with other enclosed and semi-enclosed storage areas. The property has approximately 140 feet of Main Street frontage. The property also features a bedroom with a mini split and its own attached full bathroom plus two additional half baths in the main building, a full kitchen and ample storage throughout. The site is suitable for reviving the feed store operation or launching a new enterprise.
Key Highlights
- Prime Main Street frontage offering exceptional visibility
- Large 2,640 sq/ft storefront building suitable for retail, office, or conversion
- Substantial 2,520 sq/ft attached warehouse with two loading bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,717
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,340
$654.3K
Cap Rate 7%
$467,386
$467.4K
Cap Rate 9%
$363,522
$363.5K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$48.8K $18.48/SF
− Vacancy
−$2.0K −$0.78/SF
EGI
$46.7K $17.70/SF
− OpEx
−$14.0K −$5.31/SF
NOI
$32.7K $12.39/SF
Area
Lake County, CA
Vacancy
4.20%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,340
Cap Rate 7%
$467,386
Cap Rate 9%
$363,522
Alternative Uses
Best Use
Office B
$794.1K
$694.9K – $926.5K
NOI $55,590 @ 7.0% cap · market cap 14.82%
Second Best
Retail
$467.4K
$409.0K – $545.3K
NOI $32,717 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$1.06M
$927.1K – $1.24M
NOI $74,171 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Rare commercial property in Lower Lake's historic business district.
Where is this mixed-use property located?
The property is located at 16345 Main St Lower Lake, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime Main Street frontage offering exceptional visibility; Large 2,640 sq/ft storefront building suitable for retail, office, or conversion; Substantial 2,520 sq/ft attached warehouse with two loading bays
