Current Use by Public Records
- Commercial real estate
Property Details for 21249 Hwy
- Lot size
- 0.74 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6,916 square foot commercial property in Middletown, CA, presents a unique investment opportunity. Situated on a 0.74-acre lot at 21249 Hwy 175, this property enjoys a prime location with high visibility, benefiting from over 3,200 vehicles passing daily on Hwy 175 and over 11,000 on nearby Hwy 29. Currently configured as a church with offices and a large event space including a fully equipped kitchen, the property offers immediate utility and diverse income potential. The recent consolidation of two parcels has resulted in dual R1 and R2 zoning, unlocking significant development possibilities. This flexible zoning allows for a range of uses, from expanding the existing church and event facilities to developing a multi-family residential complex, capitalizing on the high demand for housing in the area. The property's size and location make it ideal for a variety of commercial ventures or a large-scale residential project. This is a rare chance to acquire a versatile property in a thriving location with immediate income potential and significant long-term growth prospects. The strategic location at the gateway to Lake County offers easy access to local amenities and attractions, further enhancing its appeal. Don't miss this chance to secure a valuable asset in a rapidly developing area. The asking price is $875,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Lake
- State
- California
- Longitude
- -122.619
- Latitude
- 38.7528
