4456 Manzanita Ave - Storefront Retail/Office FOR SALE


Clearlake, CA 95422
$725,000 USD
707-263-5729
4456 Manzanita Ave, Clearlake, CA for Sale
$725,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | 5.75% Cap Rate

4456 Manzanita Ave
Clearlake, CA 95422


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

18,979 SF

ZONING

C2-SC-DD

APN/PARCEL ID

041-083-350-000,041-083-360-000

ASK ABOUT THIS PROPERTY

Jim MagliuloCountry Air CommercialMore Info
707-263-5729

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Jim MagliuloCountry Air CommercialMore Info
707-263-5729

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.