4241 Church StKelseyville, CA 95451

Property Details for 4241 Church St

Year built

1963

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

1,676 SF

Zone code

C2

Property type

Healthcare properties

Property subtype

Hospitals

APN

024-164-080-000

APU

24164080000

Description

This exceptional investment opportunity presents a substantial 3,000 square foot, single-story office building situated on a 0.39-acre lot in the heart of downtown Kelseyville, California. Constructed of solid brick, this versatile property boasts a C2 zoning designation, opening doors to a wide array of potential uses. Imagine transforming this space into a multi-office complex, a residential dwelling (potentially a 2-3 bedroom, 1.5 bath home), a combined live/retail space, or even an automotive repair shop – the possibilities are vast. The building includes a large attached garage with an additional bonus room, providing ample storage and workspace. All utilities are public, and the property is entirely electric. Its prime downtown location offers convenient access to Main Street and Highway 29, ensuring high visibility and easy accessibility. Extensive parking is available both in the front and rear of the building, catering to both employees and customers. This property represents a rare chance to acquire a substantial commercial space in a thriving downtown area, making it an ideal investment for discerning buyers seeking a versatile and well-located asset. The existing structure provides a solid foundation for a variety of future developments, promising significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $449,465

  6.5%

  $414,891

  7%

  $385,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $353,671

  Geo Method

  $275,194

• Alternative Use

  Use

  Valuation

  Residential

  $526,306

  Hospitality

  $482,094

  Educational

  $401,096

  Medical

  $414,891

  Retail

  $623,928

Location Insight

City

Kelseyville

County

Lake

State

California

Latitude

38.9762

Longitude

-122.834

CBSA code

17340

CBSA name

CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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