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    Westwood Commercial Property on 1.26 Acres Title is generated by Realmo AI

    314 316 318 Ash Street, Westwood, CA 96137

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    Claim this Listing
    For Sale
    $295,000

    COMMERCIAL - Westwood, CA

    Property size:
    2,048 SF
    Lot size:
    1.26 Acres
    Price / SF:
    $144/SF
    Added:
    Jul 8, 2025
    Days on Market:
    343
    Last Refresh:
    Jun 15 at 6:06 pm

    Property Features for 314 316 318 Ash Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2
    Fencing
    Chain Link
    Standard status
    Active
    APN
    125-154-003
    Size
    2,048 SF
    Lot size
    1.26 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Propane (Heating)

    Building Details

    Year built
    1905
    Floors in Building
    2
    Building materials
    Frame, Wood Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Mel Benny
    Mel Benny

    Listing agent Mel Benny License #01431489

    Listing office CHASE INTERNATIONAL LAKE ALMANOR BROKERS 452 PENINSULA DRIVE, Lake Almanor, CA

    Listing date Jul 8, 2025

    MLS# 20250810

    Copyright © 2026 Plumas Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.26‑acre lot suitable for various business operations.
    • 1800 sq ft warehouse on the property.
    • 2048 sq ft two‑story retail space with office and half bath, convertible to housing with county approval.
    • Security perimeter fencing.
    • Double‑wide VersaTube Carport (optional).
    • Asphalted front yard and red‑rock graveled remainder.

    Overview

    This Westwood property, a local landmark, occupies 1.26 acres. Previously, it housed Lassen Hardware & Lumber, a family-owned business since 1972. The property includes an 1800 square foot warehouse. The retail space is a 2048 sq ft two-story building with a half bath and a 150 sq ft office. The space could be converted to housing with county approval, or remain a retail space. A double-wide VersaTube Carport is present, removable based on the buyer's preference. The yard features an asphalted front and a red-rock graveled remainder, secured by perimeter fencing. The property is large enough to hold a fleet of work trucks and whatever supplies might be needed for a construction, lumber, landscaping, or other business. The property's zoning is C-2. Additional APNs include 125-154-004, and 125-154-005.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.9k $18.00
    − Vacancy −$2.9k −$1.44
    EGI $33.9k $16.56
    − OpEx −$10.2k −$4.97
    NOI $23.7k $11.59
    2,048 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $339.1K
    $296.8K – $395.7K (±1% cap)
    NOI $23,740 @ 7.0% cap · market cap 8.05%
    Second Best
    Warehouse
    $208.6K
    $182.5K – $243.4K (±1% cap)
    NOI $14,602 @ 7.0% cap · market cap 4.95%
    Theoretical Best
    Office A
    $561.7K
    $491.5K – $655.4K (±1% cap)
    NOI $39,322 @ 7.0% cap · market cap 13.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Westwood
    County
    Lassen
    State
    California
    Longitude
    -121.000243
    Latitude
    40.303538

    FAQs

    What type of property is this?
    Storefront property - Westwood landmark retail/warehouse on 1.26 acres. Conversion potential.
    Where is this storefront property located?
    The property is located at 314 316 318 Ash Street Westwood, CA.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 1.26‑acre lot suitable for various business operations.; 1800 sq ft warehouse on the property.; **2048 sq ft two‑story retail space with office and half bath**, convertible to housing with county approval.
    (530) 375-6514
    We can help!
    Listing Contact
    Mel Benny
    Mel Benny
    Real Estate License ID: 01431489
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