For Sale
$269,000

4590 Frye AveClearlake, CA 95422

Mixed-use, 2-building retail/office complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two Class C mixed-use buildings totaling 2,000 square feet of net rentable space, situated on a high-visibility corner lot in Clearlake, California. The property, located at 4590 Frye Ave, Clearlake, CA 95422 (APN: 040-235-040 and 040-235-030), boasts a prime location at the intersection of Lakeshore Drive and Highway 53, ensuring significant exposure to high traffic volume. Built in 1966, this single-story complex features two units currently occupied by a thrift shop and an office, both on month-to-month leases and expressing interest in remaining. The sale includes ample parking both in front and behind the buildings, thanks to an additional parcel. The property is zoned C2 and benefits from its proximity to various amenities, including stores, shops, restaurants, gas stations, and public transportation. This owner/user investment opportunity is priced at $269,000 and offers a strong potential for immediate income and future appreciation. The property's strategic location and existing tenancy make it an attractive proposition for investors seeking a stable, cash-flowing asset in a thriving community.

Highlights

  • Two Class C mixed-use buildings totaling 2,000 square feet of net rentable area in Clearlake, CA.
  • High-visibility corner lot at Lakeshore Drive and Highway 53, offering excellent exposure.
  • Ample parking available on-site and on an included additional parcel.
  • Currently occupied by a thrift shop and an office, both on month-to-month leases with interest in renewal.
  • Conveniently located near various amenities, including retail, restaurants, and public transportation.

Property Details for 4590 Frye Ave

Property type
Mixed-use properties
Class
C
Year Built
1966
Buildings
2
Stories
1
Units
2

Location Insight

City
Clearlake
County
Lake
State
California
Latitude
38.950039224789
Longitude
-122.63184999946
4590 Frye Ave, Clearlake, California

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4590 Frye Ave
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