937 Main StSusanville, CA 96130

Property Details for 937 Main St

Year built

1925

Construction

TILT-UP CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

12,600 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

103-316-006-000

APU

103316006000

Description

This exceptional 12,600-square-foot flex space, formerly a Chevrolet dealership, is ideally situated on a 0.76-acre lot at 937 Main St, Susanville, CA 96130. The property boasts a prime location on busy Main Street and includes four separate APN parcels (103-316-06, 103-316-05, 103-316-08, 103-316-12) offering significant development potential. Built in 1940, this single-story building features ample parking for 25 vehicles located at the side and rear. The interior comprises a spacious main floor of 12,600 square feet and a 912-square-foot basement for storage. The layout includes four offices, a dedicated parts area, a service area, and a sizable garage, all within a C-2 zoned lot. The asking price is $499,000, translating to $39.60 per square foot. This vacant property presents a unique owner-user opportunity in Lassen County. The property's history and substantial size make it suitable for a variety of commercial uses. This is a rare chance to acquire a well-located, versatile commercial building in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,696,212

  6.5%

  $3,411,888

  7%

  $3,168,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,270,890

  Geo Method

  $7,270,890

• Alternative Use

  Use

  Valuation

  Residential

  $2,878,056

  Hospitality

  $2,636,284

  Educational

  $2,193,357

  Medical

  $2,268,790

  Retail

  $3,411,888

Location Insight

City

Susanville

County

Lassen

State

California

Latitude

40.418

Longitude

-120.658

CBSA code

45000

CBSA name

SUSANVILLE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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