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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!
Last Updated | 8/12/2024 | Year Built | 1970 |
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Community | Clearlake West | County | Lake |
Price History
Prior to May 10, '24 | $790,000 |
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May 10, '24 - May 30, '24 | $775,000 |
May 30, '24 - Today | $755,000 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Clearlake West |
HEAT | Central |
LOT | 0.65 acre(s) |
LOT DESCRIPTION | 0-1 Unit/Acre, Corner Lot, Paved |
STORIES | 2 |
UTILITIES | Electricity Connected,Sewer Connected,Water Connected |
WATER | Public |
ZONING | Commercial |
Location
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