1171 Eleventh Street

    Lakeport, CA 95453
    • $695,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: LC18275857
    UPDATED: 64 min ago
    $695,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,400
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:

    School Ratings & Info

    Description

    100% leased investment opportunity in the heart of Lakeport. Office-retail building with plenty of onsite parking and an excellent tenant mix. The building is 5,400sf, situated on a .53ac lot and is comprised of four office/retail tenants. Conveniently located on high traffic 11th St. corridor and within short distance to Highway 29 and Main St. This low maintenance and minimal expense building makes an ideal investment opportunity for any investor looking for a good return.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T23:30:42.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/89503360

    1171 Eleventh Street Lakeport, CA 95453

    • Price: $695,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: LC18275857
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    5,400
    SQFT
    $129
    $/SQFT
    1978
    Built
    Neighborhood:
    LCLPN - Lakeport North
    County:
    Lake
    Area:
    LCLPN - Lakeport North
    Property Description
    100% leased investment opportunity in the heart of Lakeport. Office-retail building with plenty of onsite parking and an excellent tenant mix. The building is 5,400sf, situated on a .53ac lot and is comprised of four office/retail tenants. Conveniently located on high traffic 11th St. corridor and within short distance to Highway 29 and Main St. This low maintenance and minimal expense building makes an ideal investment opportunity for any investor looking for a good return.
    Exterior Features

    Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 22.00

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Name The Villa Building Status Existing Cap Rate 6.05 Country Us Investment Property YN Yes Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 4 Occupancy Occupied Property Sub Type Office Special Listing Conditions Standard Total Monthly Rent 4905 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Zoning C2

    Listing provided courtesy of Alex Tannous of Batarseh Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T23:30:42.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003