The Pit Stop | 3740 Lakeshore Blvd
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The Pit Stop 3740 Lakeshore Blvd
4,560 SF 100% Leased Retail Building Lakeport, CA 95453 $2,395,000 ($525/SF)
Executive Summary
Unique lakefront investment opportunity with multiple streams of income. Three separate buildings with distinctive revenue possibilities include an industrial shop with air compressor system and operating commissary kitchen for catering and food trucks, a fully equipped commercial kitchen with Ansul system ready to open for business serving customers by land or by boat, two fuel pumps on the floating docks, a studio apartment currently leased, and a spacious two bedroom, two bath home that is vacation rental ready, or to use as luxurious owner's residence above the attached five car garage. The second level home was designed to maximize the stunning lake views from the oversized, covered front deck, and an elevator was thoughtfully installed for convenient access from the ground level. An additional parcel with sewer and water on the property is included in the sale for a total of 1.45 waterfront acres and just over 130 feet of shoreline with reinforced seawall. This location served Lake County residents and tourists for many years as The Pit Stop and is the ideal location for an industrious visionary to reap the rewards of restoring this iconic waterfront property while enjoying the exceptional quality of life Lake County offers!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,560 SF
Building Class
C
Year Built
1995
Price
$2,395,000
Price Per SF
$525
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.12
Land Acres
0.87 AC
Zoning
CR - Retail Trade
Parking
6 Spaces (1.32 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $442,170 | |
Land Assessment | $442,170 | Total Assessment | $884,340 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$442,170
Improvements Assessment
$442,170
Total Assessment
$884,340
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The Pit Stop | 3740 Lakeshore Blvd
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