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14510 Lakeshore Dr
Clearlake, CA 95422
Spittler Building · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
C
Year Built
1944
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Lot Size
0.11 AC
Frontage
50’ on Lakeshore Drive

ABOUT 14510 LAKESHORE DR , CLEARLAKE, CA 95422

Lake County Investment Property. Located in the design district with beautiful lake views and walking distance to parks and restaurants this multi use building has 2500 sq. ft. of retail space downstairs and 2500 sq. ft. for the 4 rental units upstairs. The building is in great shape and also includes a 5 car garage and 3 laundry room. All upstairs units are rented with good paying tenants. All rents are paid on time and all rents are current. 1000 sq. ft. of the downstairs is currently rented for $800 per month and is a salon. The balance of the downstairs (1500 sq. ft.) is currently a luxury 3 bedroom B and B and as per the owner is doing great and producing additional income. This part of the building could also be a great opportunity for a new business or a personal vacation house while still getting instant income from the solon and upstairs rentals. Current income brings this investment to a 10% CAP Rate. Lake County Investment Property in Clearlake CA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040-182-360-000
Land Assessment
$108,242
Improvements Assessment
$432,972
Total Assessment
$541,214
  • Listing ID: 3724452

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 14510 Lakeshore Dr, Clearlake, CA 95422

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