14420 Lakeshore Dr Clearlake, CA 95422
- Retail space
- 4,929 SF
- 0.11 lot acres
Current Use by Public Records
- Salvation Army / Religious Organization / Social Services Organization
- Clearlake Services / Department Of Motor Vehicles / Cell Phone Accessory Store
- Lake Links / Transportation Service
- SculptingVision Graphics / Sign Shop / Artist
- Pampered Pooch / Pet Supply Store
Property Details for 14420 Lakeshore Dr
- Year built
- 1900
- Lot size
- 0.11 lot acres
- Property size
- 4,929 SF
- Property type
- Retail space
- APN
- 040-162-030-000
- APU
- 40162030000
Description
The Smith Building, a Class C, multi-tenant office property located at 14420 Lakeshore Dr, Clearlake, CA 95422, presents a compelling investment opportunity. This 6,600 square foot building sits on a 0.47-acre lot and is comprised of one building with six units, including three retail/office spaces, a storage unit, and two residential units. Currently operating at 100% occupancy with four tenants under a net lease, the property generates immediate income. The asking price is $775,000, representing a price per square foot of $117.42 and a 5.50% cap rate. The property is zoned for commercial use and features ample onsite parking. Its prime location in Clearlake offers convenient access to shopping, dining, and public transportation, while also being situated near the attractive Clear Lake and numerous wineries. The property's well-maintained condition ensures a hassle-free ownership experience, making it ideal for investors seeking a live-work setup or an Airbnb investment. The APN is 040-162-030 / 040-162-240 / 040-162-250. Owner financing is available.
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
- -122.643
- Latitude
- 38.953
- CBSA code
- 17340
- CBSA name
- CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA
