This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Russel 301 Building 301 N Main St

9,000 SF 100% Leased Retail Building Lakeport, CA 95453 $699,000 ($78/SF) 6.22% Cap Rate

Investment Highlights

  • Main Street Frontage
  • Close to downtown parks and lake
  • Close to restaurants, shops and public transportaion

Executive Summary

Introducing an exceptional investment opportunity in Downtown Lakeport! This prime commercial building, located on Main Street, boasts over 9000 sq.ft. comprising 5 retail shops and one residence. All units are currently leased to stable tenants, providing instant income and value for a savvy investor. The high-traffic location guarantees maximum visibility for businesses, while the proximity to shops, restaurants, the Courthouse, parks, and Clear Lake make it a sought-after spot for both locals and tourists. Investors can capitalize on the bustling commercial activity, adding further value to this strategically positioned property in the heart of Lakeport. Don't miss out on this rare chance to own a successful income-generating property in a rapidly growing area. Take advantage of this unique opportunity to grow your portfolio in Downtown Lakeport!

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,000 SF
Year Built
1910
Price
$699,000
Price Per SF
$78
Cap Rate
6.22%
NOI
$43,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.03
Lot Size
0.20 AC
Zoning
Central Business
Frontage
85 FT on 3rd St.

Amenities

  • Corner Lot
  • Storage Space
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Grocery Outlet
Chase Bank
Umpqua Bank
Safeway
Starbucks
  • Listing ID: 28875425

  • Date on Market: 6/28/2023

  • Last Updated:

  • Address: 301 N Main St, Lakeport, CA 95453

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}