Mixed-Use Property with Office-Retail
For Sale
$385,000
401 S Main St, Lakeport, CA 95453
A downtown site combines an existing commercial building with ample on-site parking and multiple property access points.
Property Size880 SF
Price / SF$437.50
Days on Market362
Property Features for 401 S Main St
General Information
Standard status
Active
Size
880 SF
Additional Details
Road Access
Yes
Property Use
Office/Retail
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Century 21 Epic
Listed By:
David Lucido · License #02053274
(707) 349-8528
Source:
Somorealty
Added: Nov 7, 2025
Changed: Nov 2
Last Checked: Nov 1 at 3:54PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes an existing office and retail building constructed in 1900. The property comprises more than half an acre across three parcels, with parking on site and three entrances and exits.
The property is located on S. Main St in downtown Lakeport. Its existing building and parcel configuration provide a combination of commercial space and land.
The property is located on S. Main St in downtown Lakeport. Its existing building and parcel configuration provide a combination of commercial space and land.
Key Highlights
- Existing office and retail building dating to 1900
- More than 1/2 acre across three parcels
- Three entrances and exits serving the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,906
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,120
$218.1K
Cap Rate 7%
$155,800
$155.8K
Cap Rate 9%
$121,178
$121.2K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$16.3K $18.48/SF
− Vacancy
−$683 −$0.78/SF
EGI
$15.6K $17.70/SF
− OpEx
−$4.7K −$5.31/SF
NOI
$10.9K $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%
$218,120
Cap Rate 7%
$155,800
Cap Rate 9%
$121,178
Alternative Uses
Best Use
Retail
$155.8K
$136.3K – $181.8K
NOI $10,906 @ 7.0% cap · market cap 2.83%
Second Best
Mixed Use
$124.5K
$108.9K – $145.2K
NOI $8,712 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$353.2K
$309.1K – $412.1K
NOI $24,724 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chase Bank
Shops & Services
4,687 visits/mo
0.1 miles
Umpqua Bank
Shops & Services
2,925 visits/mo
0.5 miles
FedEx Office Print & Ship Center
Shops & Services
1,641 visits/mo
0.1 miles
Demographics for 95453, CA
11,978
Population
5,488
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
87.0 sq mi
ZIP Area
138
Density / Sq Mi
$66,775
Median Household Income
$44,929
Median Earnings
$1,091
Median Rent
$371,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A downtown site combines an existing commercial building with ample on-site parking and multiple property access points.
Where is this mixed-use property located?
The property is located at 401 S Main St Lakeport, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Existing office and retail building dating to 1900; More than 1/2 acre across three parcels; Three entrances and exits serving the property
