4456 Manzanita Ave, Clearlake, CA 95422
5,475 SF | Vacant | Retail Building | Clearlake, CA 95422 | $755,000 ($138/SF) | 5.50% Cap Rate
For Sale
Active
Asking Price $755,000
- Property Type
-
Retail
- Square Feet
- 5,475 SF
- Price / Square Foot
- $138
Listing Contacts
Jim Magliulo
Property Overview
Introducing The Verizon Building: Office/Retail Building at Hwy 53 & Lakeshore Dr. in Clearlake. This prime investment property offers a fully rented building with three offices and one apartment, strategically located on a high-traffic corner. Tenant 1, with a longstanding 20-year occupancy, and Tenant 2 are on flexible month-to-month leases, while Tenant 3 (Verizon) has a lease until June 2027. The apartment, Tenant 4, also operates on a month-to-month basis. With a solid rent roll available, this property boasts a well-maintained structure, including a new roof and updated HVAC systems, with maintenance records on hand for review. Additionally, the sale includes an adjoining parcel for expanded prospects. Ready to step into a lucrative Lake County investment opportunity? Contact us today for a detailed marketing brochure and further information on this remarkable property. Let's unlock the potential together!
Property Details
- Class
- B
- Year Built
- 1970
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Grocery/Convenience Store, Storefront, Office Live/Work Unit
- Lot Size (sq. ft)
- 19,166 SF
Highlights
- Professional Live Work Unit
- Hi traffic location
- Ample parking
- Additional parcel included in sale
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