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%.
| MLS # | LC26174341 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 34 |
| Listing Provided By | Timothy Toye and Associates | Damon Schoeffler |
| SQ Feet | 10,453 |
|---|---|
| Story(s) | 2 |
| Units | 27 |
| Building(s) | 1 |
| Acreage | 1.12 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Flat |
|---|---|
| Construction Materials | Wood Siding |
| Lot Features | Six To Ten Units Acre, Rectangular Lot |
| Utilities | Propane |
|---|
| Property | 24863 |
|---|
| State | CA |
|---|---|
| County | Lake |
| City | Lakeport |
| Zip Code | 95453 |
| Area | LCLPN Lakeport North |
| Listing VS Median (in 95453) | |
Price: $850,000 low | high Med: $377,000 sqft: 10,453 low | high Med: 1,382 $ / sqft: $81 low | high Med: $273 On site: 34 low | high Med: 24.5 | |
| State | CA |
|---|---|
| County | Lake |
| City | Lakeport |
| Zip Code | 95453 |
| Area | LCLPN Lakeport North |
| Listing VS Median (in 95453) | |
Price: $850,000 low | high Med: $377,000 sqft: 10,453 low | high Med: 1,382 $ / sqft: $81 low | high Med: $273 On site: 34 low | high Med: 24.5 | |