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Property profile & analytics
OFF-MARKET
Mixed-use properties

6110 State Hwy 20 Hwy Lucerne, CA 95458

5,000 SF 0.21 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 5,000 SF
Lot 0.21 ac (9,148 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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