14084 Lakeshore Dr Clearlake, CA 95422
- Turn key restaurants
- 7,092 SF
- 0.14 lot acres
Current Use by Public Records
- Main Street Bar & Grill / Bar & Grill / Bar
Property Details for 14084 Lakeshore Dr
- Year built
- 1950
- Lot size
- 0.14 lot acres
- Property size
- 7,092 SF
- Property type
- Turn key restaurants
- APN
- 040-033-220-000
- APU
- 40033220000
Description
This exceptional commercial property at 14084 Lakeshore Drive, Clearlake, CA, presents a unique investment opportunity. The 7,700 square foot, two-story building sits on a 0.91-acre lot and is currently operating as a well-established restaurant and bar, enjoying a prominent lakeside location. The ground floor, encompassing 5,500 square feet, boasts a seating capacity for 200 patrons, comfortably divided into four distinct areas. Two dining areas are complemented by a patio seating area, and a full-service bar is situated at the rear of the building. The kitchen is generously sized, featuring ample space for large-scale food service, and includes a secondary kitchen ideal for preparation or smaller-scale operations. Upstairs, a 2,300 square foot, two-bedroom, two-bathroom apartment offers stunning lake views. This spacious apartment also includes a large office, perfect for owner occupancy or management. The property is zoned C2-DD and has operated successfully as "Main St Bar & Grill" for over 30 years, establishing a strong reputation within the Clearlake community. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property's size, location, and established business history make it a truly compelling investment opportunity. The combination of commercial and residential space provides flexibility and potential for diverse income streams.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $640,000
- 6.5%
- $600,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $545,000
- Mixed-Use
- $695,000
- Hospitality
- $525,000
- Educational
- $570,000
- Residential Income
- $610,000
- Energy
- $515,000
- Income-Based Land
- $645,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Clearlake
- County
- Lake
- State
- California
- Longitude
- -122.649
- Latitude
- 38.9587
- CBSA code
- 17340
- CBSA name
- CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA
