14400 Lakeshore Dr, Clearlake, CA 95422-8119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.