199 Main St Lakeport, CA 95453-4814
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.