302 N Main St
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302 N Main St
4,480 SF Retail Building Lakeport, CA 95453 $1,200,000 ($268/SF)
Investment Highlights
- Prime location on Main Street in Lakeport
- Fabulous retail space and 2 luxury apartments
- Apartments currently operating as successful 5 star airbnbs
- Entire building expertly renovated
- Steps away from Clear Lake
- Central Business zoning allows for versatile and diverse use options
Executive Summary
Incredible opportunity to own a historic yet modern property in the most prime location in Lake County’s burgeoning commercial real estate market. Located in the heart of downtown Lakeport and only steps away from the lake, the property offers prime visibility, accessibility, and proximity to dining, shopping, and recreation. Discover an extraordinary versatile mixed-use retail and multifamily building that seamlessly blends historic charm with modern upgrades, making it a standout investment. The entire building was taken down to the studs and expertly renovated between 2018 and 2022 with no expense spared. The full renovation of this property has transformed it into a modern, high-tech masterpiece, where only the finest quality fixtures and finishes were meticulously applied, creating a pristine and sophisticated offering. Fabulous retail or gallery space on the main street level featuring soaring 13-foot-tall ceilings with gorgeous historic brick walls as a backdrop. Complimented by modern high-end lighting, mini split systems for heating/cooling, multiple storage rooms, and restroom. With its own designated street entrance, upstairs you will find TWO luxury apartments currently operating as successful 5 STAR vacation rentals. The first apartment overlooks main street and has views of the Courthouse Museum Square and clock tower. In the secondary apartment you will find amazing lake views you can enjoy from the private balcony overlooking Clear Lake and Library Park. Prepare to be stunned by the design features of these 2 units including uniquely tiled bathrooms, custom vanities, luxury vinyl plank flooring, recessed lighting, custom cabinetry, LG ThinQ smart appliances, mini split systems, big picture windows and so much more. Other infrastructure upgrades include professional alarm system and fire sprinklers with alarm going directly to the fire station. The building enjoys free Wifi as it houses a satellite on top that provides services for the downtown area. 2 parking spaces included on the backside of building leading to the back entrance of the main floor. Zoned Central Business allowing for many different uses including retail, cafe, bars/taverns, professional offices and much more. Don’t miss this amazing opportunity for a truly turnkey investment property offering endless possibilities!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,480 SF
Building Class
B
Year Built/Renovated
1970/2017
Price
$1,200,000
Price Per SF
$268
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.09 AC
Zoning
CB - Central Business
Frontage
200 FT on N Main St
Amenities
- Security System
- Air Conditioning
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 025-383-190-000 | Improvements Assessment | $171,550 |
| Land Assessment | $107,219 | Total Assessment | $278,769 |
PROPERTY TAXES
Parcel Number
025-383-190-000
Land Assessment
$107,219
Improvements Assessment
$171,550
Total Assessment
$278,769
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302 N Main St
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