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Property profile & analytics
OFF-MARKET
Office buildings

199 Main St Lakeport, CA 95453-4814

4,920 SF 0.06 ac lot Built 1929
Individually Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1049165
Property summary
AI-generated overview

This stunning 1929 building, located at 199 N Main Street in the heart of historic downtown Lakeport, California, presents a unique commercial opportunity. Situated on a 0.06-acre lot, just blocks from the lake, this former Bank of Italy/Bank of America building has been lovingly restored, retaining its original charm while offering modern functionality. Features include beautifully preserved hand-painted beams, elegant travertine floors, a spacious mezzanine level adding significant square footage, and a large skylight that floods the interior with natural light. A captivating hand-painted mural adds to the building's character. The property boasts massive windows, providing excellent natural light and street visibility. Currently configured as a non-operational antique store, this versatile space offers a multitude of potential uses for a discerning buyer. The property is ready for quick occupancy, allowing for a swift transition to your business operations. Its prime location in the vibrant downtown area ensures high visibility and accessibility. This is a rare chance to own a piece of Lakeport's history and establish a thriving business in a desirable setting. The building's unique architectural details and spacious layout create an exceptional opportunity for a variety of commercial ventures. Don't miss this chance to acquire this exceptional property for $750,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1929
Construction TILT-UP CONCRETE
Total area 4,920 SF
Lot 0.06 ac (2,613 SF)
APN 025-404-050-000
UPID US09-1049165
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alan D Sampson · 26 yrs held
Alan D Sampson
since 2000
3 recorded transactions
2000
$250,000
1989
Price N/A
1980
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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