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14420 Lakeshore Dr 6,600 SF 9% Leased Office Building Clearlake, CA 95422 $941,828 CAD ($142.70 CAD/SF) 6% Cap Rate
Investment Highlights
- maintained in excellent condition
- Close to public transportation, restaurants and the beaches of Clear Lake
- Centrally located in downtown Clearlake
Executive Summary
SELLER FINANCING AVAILABLE!
Exceptional income-producing investment opportunity in Clearlake! This fully leased mixed-use property offers immediate cash flow with three retail/office suites, two residential units, a storage unit, and additional income from a leased parking lot.
Meticulously maintained, the property has recently been refreshed with new exterior paint, fencing, and other upgrades, providing a turnkey, low-maintenance investment. Whether you're looking to expand your portfolio, occupy one of the commercial spaces while collecting rental income, or explore a live-work or short-term rental opportunity (subject to local regulations), this property offers outstanding flexibility.
Conveniently located near shopping, restaurants, public transportation, and the beautiful shores, parks, and recreational amenities of Clear Lake, the property is well positioned to attract both residential and commercial tenants. Surrounded by more than 35 wineries, Lake County continues to grow as a sought-after destination for wine lovers, outdoor recreation, and tourism.
With strong existing income, seller financing available, and multiple revenue streams, this is an outstanding opportunity for investors and owner-operators alike.
Exceptional income-producing investment opportunity in Clearlake! This fully leased mixed-use property offers immediate cash flow with three retail/office suites, two residential units, a storage unit, and additional income from a leased parking lot.
Meticulously maintained, the property has recently been refreshed with new exterior paint, fencing, and other upgrades, providing a turnkey, low-maintenance investment. Whether you're looking to expand your portfolio, occupy one of the commercial spaces while collecting rental income, or explore a live-work or short-term rental opportunity (subject to local regulations), this property offers outstanding flexibility.
Conveniently located near shopping, restaurants, public transportation, and the beautiful shores, parks, and recreational amenities of Clear Lake, the property is well positioned to attract both residential and commercial tenants. Surrounded by more than 35 wineries, Lake County continues to grow as a sought-after destination for wine lovers, outdoor recreation, and tourism.
With strong existing income, seller financing available, and multiple revenue streams, this is an outstanding opportunity for investors and owner-operators alike.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,600 SF
Building Class
C
Year Built
1900
Price
$941,828 CAD
Price Per SF
$142.70 CAD
Cap Rate
6%
NOI
$56,510 CAD
Percent Leased
9%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,300 SF
Building FAR
0.32
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
Commercial
Amenities
- Kitchen
- Storage Space
- Central Heating
- Shower Facilities
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 040-162-030-000 | Improvements Assessment | $109,936 CAD |
| Land Assessment | $60,640 CAD | Total Assessment | $170,576 CAD |
Property Taxes
Parcel Number
040-162-030-000
Land Assessment
$60,640 CAD
Improvements Assessment
$109,936 CAD
Total Assessment
$170,576 CAD
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14420 Lakeshore Dr
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