3720 Main StKelseyville, CA 95451

Property Details for 3720 Main St

Year built

2007

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

3,820 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

024-112-120-000

APU

24112120000

Description

This exceptional 6,111 square foot mixed-use building in downtown Kelseyville, CA presents a unique investment opportunity. Situated on a 0.33-acre corner lot, the property boasts a prime location within a thriving community of locally owned businesses, including retail shops, a brewery, wine tasting rooms, and restaurants. The building features a striking barn red metal exterior and offers a versatile floor plan ideal for a variety of uses. The main level, encompassing approximately 3,641 square feet, is currently configured as a pharmacy and retail space, along with a leased business office and four bathrooms. Ample storage is also available. An elevator provides convenient access to the second floor, which comprises an additional 2,470 square feet thoughtfully designed with three separate HVAC units and electrical systems. This upper level offers significant potential for expansion or adaptation to suit diverse business needs. The property includes a robust security system and energy-efficient solar panels, resulting in substantial cost savings. Three street-facing entrances and a rear entrance with a drive-up window enhance accessibility and operational flexibility. Parking is available both in the front and rear of the building, including one covered space. The easy-to-maintain grounds complement the building's attractive curb appeal. This property offers a compelling combination of location, size, and features, making it an ideal investment for entrepreneurs and business owners seeking a thriving downtown Kelseyville location. The building's current configuration and existing infrastructure provide a solid foundation for a wide range of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $1,540,585

  6.5%

  $1,422,078

  7%

  $1,320,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,766,409

  Geo Method

  $1,374,457

• Alternative Use

  Use

  Valuation

  Residential

  $1,199,576

  Hospitality

  $1,098,806

  Educational

  $914,193

  Medical

  $945,634

  Retail

  $1,422,078

Location Insight

City

Kelseyville

County

Lake

State

California

Latitude

38.9786

Longitude

-122.842

CBSA code

17340

CBSA name

CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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