6000 Hwy 20 Lucerne, CA 95458-8621
This exceptional mixed-use property in Lucerne, CA, presents a unique investment opportunity. Situated on a 0.28-acre lot at 6000 Highway 20, this 2,000 square foot property boasts high visibility and traffic due to its prime location. The main building features a spacious mechanic's garage and an attached office/retail space, ideal for a variety of businesses. The storefront enjoys stunning views of Lucerne Park and Clear Lake, benefiting from significant foot and vehicle traffic. A sizable grassy area provides ample space for storage or future expansion. A detached double-wide mobile home offers comfortable living quarters, including a large living area, kitchen with a nook, three bedrooms, and two bathrooms. A separate two-car detached garage provides additional storage or off-street parking, accessible privately from the mobile home. This property is conveniently located within walking distance of local restaurants, shops, the park, and the picturesque Clear Lake. The property's combination of commercial space and residential living makes it an attractive investment for those seeking a blend of work and residential life in a desirable location. The asking price is $350,000.
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Lucerne Gas & Services Hardware & Home Improvement General Contractor
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
CH · Lucerne, CALucerne. Always verify with local authorities before improvements.
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.