21298 Calistoga St Middletown, CA 95461
For Sale
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This exceptional 2,300 square foot mixed-use property presents a unique investment opportunity in Middletown, CA. Situated on a sizable 0.69-acre lot, this commercial building boasts a prime location on the edge of Highway 29, the southern gateway to Lake County, ensuring high visibility and accessibility. The versatile space has historically served as a beauty salon, office, and retail space, offering flexibility for a variety of businesses. Ample parking is available on-site. Adding to the investment potential, a double-wide mobile home located at the rear of the property generates rental income. Mature trees enhance the aesthetic appeal of the property, which extends from street to street. This property offers a blend of commercial space and rental income, making it an attractive option for investors seeking a strong return. The building's adaptable layout and prominent location make it ideal for a diverse range of commercial ventures. The substantial lot size provides ample space for expansion or future development. Don't miss this chance to acquire a thriving commercial property in a high-demand area. Priced at $529,000.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Middletown, CACosts & 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.