5180 Hill Road E, Lakeport, CA 95453
- $850,000
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- LC26174341
- Year Built
- 1988
- Lot Size
- 48,787
- Acres
- 1.12
- Lot Location
- 6-10 Units/Acre, Rectangular Lot
- Days on Market
- 36
- Property Type
- Commercial
- Property Sub Type
- Office
Property Description
UNEQUALLED COMMERCIAL INVESTMENT OPPORTUNITY - INVEST IN THE GROWING MEDICAL INDUSTRY, and profit big time. Buy a quality building at only $81 sf. This modern six unit office building, on one acre, is designed for medical offices but could be adapted to any office use. Located directly adjacent to the Lakeport Sutter Lake Hospital complex puts this investment opportunity right in the thick of high volume medical related traffic. The four upstairs units feature skylights creating an attractive quiet environment surrounded by peaceful professional landscaping. The two downstairs units could be one large unit suited for the right tenant. Ample parking provide easy access to all units, upstairs and downstairs. Each comfortable unit features its own A/C system and back entrance for staff. The building has been well maintained and has great potential for the future. Personal circumstances force quick sale. When back to full rent, cap rate is an unbelievable 19%.
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Additional Information
- Taxes
- $24,863
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Wood Siding
- Roof
- Flat
- Water
- Private
- Attached Structure
- Detached
- Number Of Units Total
- 27
- Gross Scheduled Income
- $225,784
- Operating Expense
- 62446
Listing courtesy of Listing Agent: Damon Schoeffler (damon@damon.realty) from Listing Office: Timothy Toye and Associates.
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