4580 Frye Ave Clearlake, CA 95422-7706
This exceptional investment opportunity presents two commercial buildings totaling 2,000 square feet situated on a 0.21-acre lot at the highly visible corner of Lakeshore and Frye Avenues in Clearlake, CA. The property boasts ample parking, with spaces available both in front and behind the buildings, thanks to an included additional parcel. Currently generating income from month-to-month tenants, including a thriving thrift shop and office space, this property offers immediate cash flow potential. The convenient location offers easy access to a variety of amenities, including numerous stores, shops, restaurants, gas stations, and public transportation, ensuring high visibility and customer convenience. This property's strong tenant occupancy and prime location make it an attractive investment. Furthermore, the seller is offering financing, making this an even more compelling opportunity. This presents a unique chance to acquire a substantial commercial property in a desirable location. The owner is also selling two adjacent lots (4535 and 4555 Old Hwy. 53), presenting the possibility of owning the entire block. This is a rare opportunity to acquire a significant commercial holding in a growing area. The asking price for this property is $240,000.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & 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.