5180 Hill Road E, Lakeport, CA 95453
List Price: $850K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1988
Lot Size: 48,787.2 sq ft
Annual Property Tax: $24,863
MLS Number: LC26174341
About This Property
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%.
Listing provided by: Damon Schoeffler DRE #02206978 707-928-6900 damon@damon.realty, Timothy Toye and Associates
Source: CRMLS, MLS #: LC26174341
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.