Property summary
This exceptional mixed-use property, located at 302 N Main Street in the heart of downtown Lakeport, California, presents a unique investment opportunity. Situated on a 0.09-acre lot, this meticulously renovated building seamlessly blends historic character with contemporary amenities. A complete renovation from 2018 to 2022 spared no expense, resulting in a high-quality, modern masterpiece. The main level boasts fabulous retail or gallery space, ideal for a variety of businesses. This area features soaring 13-foot ceilings, showcasing gorgeous historic brick walls, complemented by modern high-end lighting, mini-split heating/cooling systems, ample storage, and a restroom. Upstairs, two luxury apartments, currently thriving as five-star vacation rentals, offer a separate street entrance and provide additional income potential. The property's prime location offers unparalleled visibility and accessibility, just steps from Lakeport's vibrant downtown area, including dining, shopping, and recreational activities. This is an exceptional chance to acquire a turnkey investment in Lake County's growing commercial real estate market, combining the allure of a historic building with the functionality of modern upgrades. The property is priced at $1,200,000.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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