6110 State Hwy 20 Hwy Lucerne, CA 95458
This exceptional 5,000 square foot mixed-use building presents a unique investment opportunity in the thriving town of Lucerne, CA. Strategically located on Highway 20, one of the county's busiest thoroughfares, this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for your business. Currently configured as a ground-floor dispensary and a second-floor residential unit, the building offers versatile options for future use. The well-maintained structure features ample parking, a significant advantage in a high-traffic area. Its prime location across from a park and with convenient lake access adds to its appeal. Lucerne's rich history and welcoming atmosphere create an ideal environment for both business and residential endeavors. The 0.21-acre lot provides ample space for potential expansion or outdoor amenities. This multi-use building is poised to become a landmark in the community, offering a blend of commercial and residential potential. The asking price of $479,500 represents a compelling investment in a high-demand location with significant upside potential. Don't miss this chance to own a piece of Lucerne's vibrant future. The property's current configuration and location provide a solid foundation for a variety of business ventures and residential opportunities. The combination of high visibility, ample parking, and a desirable location makes this a truly exceptional offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.