3740 Lakeshore BlvdLakeport, CA 95453

Property Details for 3740 Lakeshore Blvd

Year built

1995

Construction

WOOD

Lot size

0.87 AC

Property size (Sq ft)

1,558 SF

Zone code

CR

Property type

Retail properties

Property subtype

Retail space

APN

029-231-160-000

APU

29231160000

Description

This exceptional Lakeport, CA property presents a unique investment opportunity with multiple income streams. Situated on 1.45 waterfront acres (including an additional parcel with sewer and water) at 3740 Lakeshore Boulevard, this mixed-use property boasts over 130 feet of shoreline protected by a reinforced seawall. The property encompasses three distinct buildings totaling 4,560 square feet. One building features an industrial shop complete with an air compressor system and an operating commissary kitchen ideal for catering and food trucks. A second building houses a fully equipped commercial kitchen, ready for immediate operation, featuring an Ansul fire suppression system. This kitchen is conveniently accessible by land and boat. Two fuel pumps are located on the floating docks. A studio apartment is currently leased, providing immediate rental income. Finally, a spacious two-bedroom, two-bathroom home, situated above a five-car garage, is available for use as a luxurious owner's residence or as a vacation rental. This second-level home is designed to maximize stunning lake views from its oversized, covered front deck, and includes a convenient elevator for ground-level access. Previously known as "The Pit Stop," this property offers a rich history and prime location for a discerning investor to capitalize on its potential while enjoying the exceptional quality of life Lake County offers, including world-class fishing, award-winning wineries, fresh produce, and stunning natural beauty. Priced at $2,395,000.

• CAP approach

  CAP return

  Valuation

  6%

  $628,333

  6.5%

  $580,000

  7%

  $538,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $720,436

  Geo Method

  $560,577

• Alternative Use

  Use

  Valuation

  Residential

  $489,251

  Hospitality

  $448,152

  Educational

  $372,857

  Medical

  $385,680

  Retail

  $580,000

Location Insight

City

Lakeport

County

Lake

State

California

Latitude

39.0835

Longitude

-122.903

CBSA code

17340

CBSA name

CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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