475 N Forbes St Lakeport, CA 95453
For Sale
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This exceptional mixed-use property at 475 Forbes Street in Lakeport, CA, presents a compelling investment opportunity. Spanning 2,000 square feet on a 0.22-acre lot, this charming property comprises two renovated buildings ideally situated just two blocks from the courthouse and the heart of the downtown business district. Currently configured as a medical clinic, the front building offers a welcoming waiting area, three spacious rooms, a full bathroom, and a convenient kitchen. The rear building, while currently leased and unavailable for viewing until further notice (lease expiration date not specified), features two additional rooms and a bathroom. The property boasts ample on-site parking, ensuring convenience for both staff and clients. Accessibility is further enhanced by the inclusion of handicap-accessible ramps. A large shed provides additional storage space. The property's versatile design allows for continued use as a medical clinic or offers the potential for conversion to residential use in the rear building, subject to local zoning regulations and permitting. This prime location and the property's attractive features make it an ideal investment for a variety of commercial and potentially residential uses. The asking price is $449,000.
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Heart Institute: Adventist Health Physicians Network Physician
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Richard Mayhew Deits Physician
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Svetlana Petrowizky, LAC Medical Clinic Alternative Medicine Practice
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Northern California Medical Associates Inc Medical Clinic
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Mark L Md Gardner Physician
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.