Property summary
This exceptional mixed-use investment opportunity presents three commercial buildings nestled in the heart of downtown Clearlake, California. The property boasts a total of 1,500 square feet situated on a 0.13-acre lot. Its enviable location places it directly across from the lake, offering unparalleled visibility and appeal. The configuration of three separate buildings presents a unique advantage for investors seeking diverse income streams. The potential exists to occupy one building while generating rental income from the other two, creating a lucrative and convenient investment strategy. This property is ideal for a variety of uses, from retail and office spaces to residential conversions, subject to local zoning regulations. The buildings' proximity to the lake provides a significant draw for potential tenants and customers, enhancing the overall value and desirability of the investment. The property's central downtown location ensures high foot traffic and easy access to local amenities. This is a rare chance to acquire a substantial commercial property in a thriving lakeside community at an attractive price point of $208,500. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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