Clearlake, CA 95422
- Retail properties
- 1,000 SF
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 1900
- Lot size
- 0.17 lot acres
- Property size
- 1,000 SF
- Property type
- Retail properties
Description
This exceptional commercial property in Clearlake, California presents a unique investment opportunity. The 1,000 square foot retail space is currently occupied by a well-established Chinese restaurant, a business included in the sale price of $280,000. This turnkey operation offers immediate income potential for a savvy investor. The property sits on a 0.17-acre lot, providing ample space for outdoor seating or potential expansion. The existing restaurant is a long-standing fixture in the community, boasting a loyal customer base and proven profitability. This is a rare chance to acquire a profitable business and its accompanying real estate in one transaction. The property's location in Clearlake offers convenient access to local amenities and a strong demographic base. The sale includes the building, land, and the ongoing restaurant business, providing a complete and ready-to-operate package. This is an ideal opportunity for an entrepreneur seeking an established business with immediate returns or an investor looking for a strong cash-flow generating asset. The property is ready for immediate occupancy and continued operation. Serious inquiries only. All financial information will be disclosed upon request and verification of buyer's financial capabilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clearlake
- County
- Lake
- State
- California
- Longitude
- -122.636
- Latitude
- 38.9581
