341 N Main Street

    Lakeport, CA 95453
    • $395,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: LC19242568
    UPDATED: 32 min ago
    $395,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,984
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    341 North Main Street is a two-story building in the heart of downtown Lakeport. Currently built out as an office space, however, the zoning allows for retail, food/beverage uses, etc. Premises has two separate entrances to the upstairs and downstairs making this building accessible for multiple tenants. Based on current build out, property is ideal for an owner user: Law firm, insurance agency, real estate office, and other professional office uses as well as investors looking to achieve a 9% CAP based on full occupancy. Property needs slight TLC i.e. paint, flooring, lighting. Premises build out:2000 SQ.FT. downstairs+G- 5 offices+G- 2 bathrooms2000 SQ.FT. upstairs +G- 4 offices+G- 1 bathroom

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T16:31:49.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99956061

    341 N Main Street Lakeport, CA 95453

    • Price: $395,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: LC19242568
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,984
    SQFT
    $99
    $/SQFT
    1975
    Built
    Neighborhood:
    LCLPN - Lakeport North
    County:
    Lake
    Area:
    LCLPN - Lakeport North
    Property Description
    341 North Main Street is a two-story building in the heart of downtown Lakeport. Currently built out as an office space, however, the zoning allows for retail, food/beverage uses, etc. Premises has two separate entrances to the upstairs and downstairs making this building accessible for multiple tenants. Based on current build out, property is ideal for an owner user: Law firm, insurance agency, real estate office, and other professional office uses as well as investors looking to achieve a 9% CAP based on full occupancy. Property needs slight TLC i.e. paint, flooring, lighting. Premises build out:2000 SQ.FT. downstairs+G- 5 offices+G- 2 bathrooms2000 SQ.FT. upstairs +G- 4 offices+G- 1 bathroom
    Exterior Features

    Lot Features Level With StreetNo Landscaping Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class OfficeRetail Building Area Units Square Feet Building Status Existing Business Type AccountingBakeryBar/Tavern/LoungeBarber/BeautyClothingCommercialComputerDeli/CateringDentalFinancialFlorist/NurseryFood & BeverageFurnitureGift ShopHealth FoodHealth ServicesHospitalityHotel/MotelIce Cream/Frozen YogurtJewelryMedicalMixedOffice SupplyPet StorePhotographerPrintingProfessional ServiceProfessional/OfficeReal EstateRestaurantRetailShowroomToysTravelUpholsteryVideo Cap Rate 9.00 Country Us Gross Scheduled Income 45600.00 Industrial Type Warehouse/Office Insurance Expense 2160.00 Investment Property YN Yes Land Lease YN No Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Maintenance Expense 3000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 35383.00 Number Of Units Leased 0 Occupancy Vacant Operating Expense 10098.00 Other Expense 1200.00 Property Sub Type Office Real Estate Tax Expense 4938.00 Special Listing Conditions Standard Water Source Public Year Built Source Public Records Zoning Cb (Central Business)

    Listing provided courtesy of Alex Tannous of Batarseh Real Estate and Joseph Tannous of Batarseh Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T16:31:49.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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