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Listed by James Magliulo • Country Air Properties
$ 755,000
Est. payment | /mo
5,475 SqFt
$ 755,000
Est. payment | /mo
5,475 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,475 sqft
Price per Sqft $137
MLS Listing ID CRLC23198778
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1970
Lot Size 0.650 Acres
Property Description
Introducing The Verizon Building: Office/Retail Building at Hwy 53 & Lakeshore Dr. in Clearlake. This prime investment property offers a fully rented building with three offices and one apartment, strategically located on a high-traffic corner. Tenant 1, with a longstanding 20-year occupancy, and Tenant 2 are on flexible month-to-month leases, while Tenant 3 (Verizon) has a lease until June 2027. The apartment, Tenant 4, also operates on a month-to-month basis. With a solid rent roll available, this property boasts a well-maintained structure, including a new roof and updated HVAC systems, with maintenance records on hand for review. Additionally, the sale includes an adjoining parcel for expanded prospects. Ready to step into a lucrative Lake County investment opportunity? Contact us today for a detailed marketing brochure and further information on this remarkable property. Let's unlock the potential together!
Location
State CA
County Lake
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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