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$ 850,000
Est. payment | /mo
1.12 Acres Lot
$ 850,000
Est. payment | /mo
1.12 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC26174341
HOA Y/N No
Year Built 1988
Annual Tax Amount $24,863
Tax Year 2025
Lot Size 1.120 Acres
Property Sub-Type Office
Property Description
UNEQUALLED COMMERCIAL INVESTMENT OPPORTUNITY - INVEST IN THE GROWING MEDICAL INDUSTRY, and profit big time. Buy a quality building at only $81 sf. This modern six unit office building, on one acre, is designed for medical offices but could be adapted to any office use. Located directly adjacent to the Lakeport Sutter Lake Hospital complex puts this investment opportunity right in the thick of high volume medical related traffic. The four upstairs units feature skylights creating an attractive quiet environment surrounded by peaceful professional landscaping. The two downstairs units could be one large unit suited for the right tenant. Ample parking provide easy access to all units, upstairs and downstairs. Each comfortable unit features its own A/C system and back entrance for staff. The building has been well maintained and has great potential for the future. Personal circumstances force quick sale. When back to full rent, cap rate is an unbelievable 19%.
Location
State CA
County Lake
Area Lclpn - Lakeport North
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Propane
Roof Type Flat
Total Parking Spaces 60
Building
Lot Description 6-10 Units/Acre, Rectangular Lot
Story 2
Water Private
Others
Tax ID 02904116
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard, Trust
Listed by Damon Schoeffler Timothy Toye and Associates 707-355-6000, DRE #02206978
Nearby Locations
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