Auto Shop with Paint
440 N Main Street, Lakeport, CA 95453
For Sale
$1,610,000
Central Business District zoning and several commercial buildings define the property's existing setup.
Property Size10,746 SF
Lot Size1.02 Acres
Price / SF$149.82
Days on Market13
Property Features for 440 N Main Street
General Information
Standard status
Size
Lot size
Zoning
Additional Details
Road Access
Land Use
Automotive Uses
Real Estate Included
Amenities
automotive workshop
paint shop buildings
Building Details
Buildings
Listing Agency:
Konocti Realty
Listed By:
Stacey Mattina · License #01179551
(707) 262-1338
Source:
Realtyrightchoice
Added: Oct 28
Changed: Nov 9
Last Checked: Nov 8 at 6:03AM
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 Konocti Realty
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.
Three commercial parcels contain approximately 1.02 acres and 10,746 square feet of improvements. The Main Street building is approximately 7,500 square feet, with display windows, showroom, offices, kitchen, living area, bathrooms, and an automotive workshop. Two detached paint shop buildings and on-site parking are also part of the property.
The site has frontage on Main Street, Fourth Street, and Fifth Street in downtown Lakeport. It connects directly to public lakefront parking and is steps from Clear Lake. Central Business District zoning applies; future uses and development require City approval.
The site has frontage on Main Street, Fourth Street, and Fifth Street in downtown Lakeport. It connects directly to public lakefront parking and is steps from Clear Lake. Central Business District zoning applies; future uses and development require City approval.
Key Highlights
- Three commercial parcels totaling approximately 1.02 acres
- Approximately 10,746 square feet of commercial improvements
- Main building measures approximately 7,500 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,172
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,663,440
$2.7M
Cap Rate 7%
$1,902,457
$1.9M
Cap Rate 9%
$1,479,689
$1.5M
Market Conditions
NOI Build-Up for 10,746 SF
Gross rent
$198.6K $18.48/SF
− Vacancy
−$8.3K −$0.78/SF
EGI
$190.2K $17.70/SF
− OpEx
−$57.1K −$5.31/SF
NOI
$133.2K $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%
$2,663,440
Cap Rate 7%
$1,902,457
Cap Rate 9%
$1,479,689
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.22M
NOI $133,172 @ 7.0% cap · market cap 8.27%
Second Best
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,244 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M
NOI $301,909 @ 7.0% cap · market cap 18.75%
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
860
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Groceries 26%
Dining 9%
Electronics 3%
Grocery Outlet Bargain Market
Groceries
16,084 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,555 visits/mo
0.3 miles
Dollar General
Shops & Services
10,843 visits/mo
0.3 miles
Papa Murphy's
Dining
5,646 visits/mo
0.3 miles
The UPS Store
Shops & Services
4,309 visits/mo
0.3 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
Similar Off Market Nearby
- T & A Automotive — 1875 S Main St, Lakeport, CA 95453
- Lakeport Tire & Auto Service — 1901 S Main St, Lakeport, CA 95453
- S & K Automotive & Auto Body — 1765 S Main St, Lakeport, CA 95453
- Transmission Exchange — 1665 S Main St, Lakeport, CA 95453
- Matt Mazzei Chevrolet — 1175 Parallel Dr 100 100, Lakeport, CA 95453
Frequently Asked Questions
What type of property is this?
Auto shop - Central Business District zoning and several commercial buildings define the property's existing setup.
Where is this auto shop located?
The property is located at 440 N Main Street Lakeport, CA.
What is the asking price?
The asking price for this property is $1,610,000.
What are key features of this property?
This property features: Three commercial parcels totaling approximately 1.02 acres; Approximately 10,746 square feet of commercial improvements; Main building measures approximately 7,500 square feet
