501 Main StLakeport, CA 95453

This exceptional 1900-square-foot commercial office building, located at 501 N Main St in Lakeport, CA, presents a unique investment opportunity. The property, built in 1975, features three separate office units, each with its own restroom and individually metered utilities, offering flexibility for owner-users or investors seeking rental income. Currently, one unit is leased, generating immediate income potential. The building boasts a three-year-old roof and is in excellent condition, minimizing maintenance needs. Situated on a 5,227-square-foot lot, the single-story structure offers 10 convenient on-site parking spaces. The property's prime location on Main Street provides easy access to downtown amenities, including restaurants, parks, Clear Lake, the courthouse, and shopping. Zoned for commercial use, this Class C building offers 1,900 square feet of net rentable space, currently at 30% occupancy with a projected full occupancy date of October 25, 2024. The asking price is $325,000, translating to $171.05 per square foot. This is an ideal opportunity for an owner-user seeking to consolidate their operations or an investor looking for a multi-unit property with immediate income potential in a highly desirable Lakeport location. The APN is 0253720600.