4580 Frye AveClearlake, CA 95422

Property Details for 4580 Frye Ave

Lot size

0.12 AC

Property type

Land

Property subtype

Commercial land

APN

040-235-030-000

APU

40235030000

Description

This exceptional investment opportunity presents two commercial buildings totaling 2,000 square feet situated on a 0.21-acre lot at the highly visible corner of Lakeshore and Frye Avenues in Clearlake, CA. The property boasts ample parking, with spaces available both in front and behind the buildings, thanks to an included additional parcel. Currently generating income from month-to-month tenants, including a thriving thrift shop and office space, this property offers immediate cash flow potential. The convenient location offers easy access to a variety of amenities, including numerous stores, shops, restaurants, gas stations, and public transportation, ensuring high visibility and customer convenience. This property's strong tenant occupancy and prime location make it an attractive investment. Furthermore, the seller is offering financing, making this an even more compelling opportunity. This presents a unique chance to acquire a substantial commercial property in a desirable location. The owner is also selling two adjacent lots (4535 and 4555 Old Hwy. 53), presenting the possibility of owning the entire block. This is a rare opportunity to acquire a significant commercial holding in a growing area. The asking price for this property is $240,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,519,052

  Hospitality

  $1,391,444

  Educational

  $1,157,665

  Medical

  $1,197,478

  Retail

  $1,800,812

Location Insight

City

Clearlake

County

Lake

State

California

Latitude

38.9503

Longitude

-122.632

CBSA code

17340

CBSA name

CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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