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Introducing a prime investment opportunity in Lake County! This vacant property, located in Lucerne, CA on high-traffic Hwy 20, was previously home to a thriving Subway Restaurant. The building is ready to be transformed into your dream venture! With its strategic location on the main route from Hwy 101 to Interstate 5, this property offers incredible visibility and accessibility to a wide range of potential customers. The building has some essential equipment, including dishwasher sinks and walk-ins, that are still intact and ready for use. In addition, there are two customer bathrooms. The property presents an attractive opportunity for a deli, coffee shop, restaurant, retail store, or any other endeavor that complies with its coveted C2 zoning designation. Don't miss out on this chance to make your mark in an ideal location. For any inquiries or to schedule a viewing, please contact the listing agent. Seize this moment and turn your entrepreneurial dreams into reality with this Lake County investment property!
Listing agent: James Magliulo DRE #01852966 jim@countryair.com, Listing office: Country Air Properties
MLS data updated 10/19/2026, 11:16:09 AM PT
Source: CRMLS, MLS #: LC23209568
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 2, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$150,000Closed sale · Oct 2, 2024ZIP 95458 · Oct 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.