301 N Main St N Lakeport, CA 95453
Property Lookup
Property profile & analytics
301 N Main St N Lakeport, CA 95453
- Retail space
- 7,425 SF
- 0.20 lot acres
Property ID
US10-2797868
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Ferrigno's Italian Baked Goods / Bakery / Specialty Food Shop
- Primo Water Refill / Big Box & Wholesale Store
- Lakeport Express / Gas Station
- EXPRESS GAS MART / Gas Station
Property Details for 301 N Main St N
- Year built
- 1900
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.20 lot acres
- Property size
- 7,425 SF
- Property type
- Retail space
- APN
- 025-376-130-000
- APU
- 25376130000
Description
This exceptional investment opportunity presents a prime, 10,000-square-foot commercial building situated at 301 N Main St, Lakeport, CA 95453. The property, built in 1910 and boasting a C2 zoning permit, comprises six units: five retail storefronts and one residential unit, all currently leased at 100% occupancy. The net rentable area totals 9,050 square feet, with an asking price of $725,000, translating to $72.50 per square foot. The property sits on an 8,712-square-foot lot (APN: 025-376-130) and generates a pro-forma NOI of $68,400, resulting in a 9.43% pro-forma cap rate. This high-traffic location on Main Street offers maximum visibility and is conveniently close to shops, restaurants, the courthouse, parks, and Clear Lake, ensuring strong tenant demand and consistent income. The building's strong tenant base provides immediate cash flow, making it an attractive investment for those seeking a stable, income-generating property in a thriving downtown area. This is a rare opportunity to acquire a well-established, multi-tenant retail portfolio in the heart of Lakeport, California. The property's location and current occupancy make it a compelling investment prospect with significant potential for future growth.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lakeport
- County
- Lake
- State
- California
- Longitude
- -122.915
- Latitude
- 39.0441
- CBSA code
- 17340
- CBSA name
- CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,729
$103,399
$295,452
$398,851
-
$0.00
$0.00
$0.00
