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Property profile & analytics
FOR SALE
Retail space

924 Main St Susanville, CA 96130

3,955 SF 0.13 ac lot Built 1930
Trust Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US09-3604938
Property summary
AI-generated overview

This exceptional mixed-use commercial building presents a unique investment opportunity in the heart of Susanville, California. Located at 924 Main St, this two-story, 5,600 square foot property boasts a prime location and significant potential. Built in 1930, the Class B building is currently vacant, offering a blank canvas for a wide range of commercial ventures. The property features updated wiring with two separate meters, providing flexibility for various tenants or uses. The asking price is $88,000, translating to $15.71 per square foot. Included in the sale is a separate lot on Weatherlow Street, providing valuable off-street parking for customers and employees. The building offers substantial storage space, including an attic area. The property is zoned UBD, allowing for diverse commercial applications. The building's history and location in Lassen County, CA, combined with its size and features, make it an attractive proposition for owner-users seeking a substantial commercial space. The seller is motivated, making this an opportune time to acquire this significant property in Susanville's vibrant commercial district. The APN is 103-325-017, and ownership is held by the Rhodes Trust. This is a rare opportunity to acquire a large, versatile commercial building in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 3,955 SF
Lot 0.13 ac (5,804 SF)
APN 103-325-017-000
UPID US09-3604938
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lt Gen Larry Rhodes Md Trust · 15 yrs held
Lt Gen Larry Rhodes Md Trust
since 2011
2 recorded transactions
2011
$110,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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