4456 Manzanita Ave Clearlake, CA 95422

This exceptional mixed-use property, the Verizon Building, presents a compelling investment opportunity in Clearlake, California. Located at 4456 Manzanita Ave, this 5,475 square foot building sits on a 0.96-acre lot (APN: 041-083-36 and 041-083-35) and boasts a prime location at the intersection of Highway 53 and Lakeshore Drive, ensuring high visibility and traffic exposure. The property is classified as Class C and features four units: three offices and one apartment. Currently operating at 100% occupancy, the building offers a stable income stream. Tenant occupancy includes a long-term tenant (20 years) and a Verizon lease extending to June 2027. Two other tenants are on month-to-month leases, providing flexibility. The asking price is $755,000, representing a price per square foot of $137.90 and a 7.00% cap rate. Built in 1970, the single-story building has undergone significant improvements, including a new roof and updated HVAC systems. Comprehensive maintenance records are available for review. Adding to its appeal, an adjoining parcel is included in the sale, presenting potential for expansion or future development. The property is zoned C2-SC-DD. This turnkey investment offers immediate cash flow and significant upside potential in a thriving Lake County market.