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14802 Lakeshore Dr 2,880 SF Vacant Retail Building Clearlake, CA 95422 $626,768 CAD ($217.63 CAD/SF)



INVESTMENT HIGHLIGHTS
- Corner lot with ample onsite parking.
- Close to shops, restaurants, public transportation and walking distance to Clear Lake.
- Curb, gutter and sidewalk.
- Additional 1500 sf storage building on property.
EXECUTIVE SUMMARY
Introducing **Lakeshore Retail Building** located on the bustling Lakeshore Drive in Clearlake. This prime property boasts a recently renovated main building featuring 2880 sq. feet of versatile retail/warehouse space with a convenient loading dock and central heating and air conditioning. Additionally, a separate 1500 sq. ft. garage/storage building offers ample storage options. Both structures have been repainted and the main building has undergone extensive repairs, presenting a contemporary and well-maintained appearance. The current tenant has committed to a new 3-year lease starting in November 2024, ensuring a stable income stream for the buyer. With over $200,000 invested in upgrades, **Lakeshore Retail Building** offers a turnkey opportunity for investors or business owners looking to capitalize on heavy foot traffic in a prime location. Don't miss out on this lucrative investment in the heart of Clearlake.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,880 SF
Building Class
C
Year Built
1960
Price
$626,768 CAD
Price Per SF
$217.63 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
10 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
55’ on Lakeshore Dr.
AMENITIES
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $232,641 CAD | |
| Land Assessment | $88,237 CAD | Total Assessment | $320,878 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$88,237 CAD
Improvements Assessment
$232,641 CAD
Total Assessment
$320,878 CAD
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14802 Lakeshore Dr
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