Mixed-Use Automotive and
6000 Highway 20 Lucerne, CA 95458
6000 Highway 20, Lucerne, CA, 95458
$350,000
For Sale
$350,000
Former gas station includes a mechanic garage, attached office/retail space, and residential mobile home units.
Property Size2,000 SF
Price / SF$175
Days on Market141
Property Features for 6000 Highway 20
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Mixed Use
Listing agency
(707) 263-2620
Listed by
Country Air Properties
Source
Xome
Added: Mar 4 Updated: Jul 22 at 7:27PM Checked: Jul 22 at 7:27PM
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 Country Air Properties
Investment Insights
Based on property information with market context.
This mixed-use property combines automotive and residential components, built around a former gas station layout. The commercial building features a large mechanic garage with an attached office space/retail store. A detached mobile home behind the business includes three bedrooms and two bathrooms, along with a large living area and kitchen with an attached kitchen nook. Additional improvements include a detached two-car garage positioned at the backside of the property.
The storefront sits on a busy corner along Highway 20, with direct views of Lucerne Park and Clear Lake. A large grass area provides additional room for storage or expansion, and the surrounding area includes nearby restaurants, shops, the park, and Clear Lake within walking distance.
The residential units are configured behind the commercial space, with the garage offering a private entry to the home. This layout supports a live-and-work arrangement while retaining distinct commercial and residential areas on one site.
The storefront sits on a busy corner along Highway 20, with direct views of Lucerne Park and Clear Lake. A large grass area provides additional room for storage or expansion, and the surrounding area includes nearby restaurants, shops, the park, and Clear Lake within walking distance.
The residential units are configured behind the commercial space, with the garage offering a private entry to the home. This layout supports a live-and-work arrangement while retaining distinct commercial and residential areas on one site.
Key Highlights
- Corner lot commercial property on Highway 20 in Lucerne, with frontage on a busy corner
- Former gas station building includes a large mechanic garage plus attached office/retail space
- Detached 3‑bedroom, 2‑bath mobile home behind the business with a large living area and kitchen with nook
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 | $37.0k | $18.48 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $35.4k | $17.70 |
| − OpEx | −$10.6k | −$5.31 |
| NOI | $24.8k | $12.39 |
2,000 SF · lease $18.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$604.9K
$529.3K – $705.8K
NOI $42,345 @ 7.0% cap · market cap 12.10%
Second Best
Office B
$601.6K
$526.4K – $701.9K
NOI $42,114 @ 7.0% cap · market cap 12.03%
Theoretical Best
Office A
$802.7K
$702.4K – $936.5K
NOI $56,190 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lucerne Gas & Services
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Former gas station includes a mechanic garage, attached office/retail space, and residential mobile home units.
Where is this live-work space located?
The property is located at 6000 Highway 20 Lucerne, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Corner lot commercial property on Highway 20 in Lucerne, with frontage on a busy corner; Former gas station building includes a large mechanic garage plus attached office/retail space; Detached 3‑bedroom, 2‑bath mobile home behind the business with a large living area and kitchen with nook
