Bought with Michael Holcomb • Michael Holcomb
$675,000
$750,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
145 N Main ST Lakeport, CA 95453
7,200 SqFt
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $93
MLS Listing ID 323015284
Sold Date 10/23/23
HOA Y/N No
Year Built 1910
Property Description
Introducing The Farmers-Monroe Building at 149 N Main St. An incredible investment opportunity, this historic commercial building, known as the Farmers Saving Bank, constructed in 1876 and the Monroe Building, constructed in 1888 is located in the heart of downtown Lakeport. It offers a total of 14 units including 11 office spaces, 2 retail shops, and a restaurant. With a spacious 7,200 square feet, this property provides ample room for businesses to thrive. Situated in a prime location, it boasts high traffic exposure right on Main Street. It offers convenient access to shops, restaurants, the Courthouse, parks, boat ramps, and the beautiful Clear Lake, making it an ideal choice for businesses of all kinds. The building has a new roof and is already 70% occupied by stable tenants, providing instant income and value for the new owner. Additionally, private off-street parking and handicap access further enhance the property's appeal. This downtown gem is being offered at a competitive price of $750,000, presenting a fantastic opportunity for investors and entrepreneurs alike. Don't miss out on the chance to own a piece of Lakeport's thriving historic commercial scene.
Location
State CA
County Lake
Area Lake County
Zoning C2
Interior
Heating Central, Varies by Unit
Cooling Central, MultiZone, Varies by Unit
Flooring Carpet, Concrete, Wood
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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