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975 Bevins Street, Lakeport, CA 95453

$6,450,000
Commercial Property MLS# LC16011899 ID: 38845612
$6,450,000 Get Rates

Commercial Sale - Lakeport, CA
Price reduced by $1,000,000.00. Commercial property with high income, low maintenance and solid tenants. The property is a C-3 business park that was build in 2008. It is located in Lakeport, CA (the county seat), close to freeway entrance, and has easy access and space for large trucks to maneuver on the property. It has accumulated a core of solid long term tenants including several national corporations, local and state governments, a fitness gym, a brewery/restaurant, a manufacturing company and a number of smaller successful businesses. The park is comprised of five metal buildings that have 34 possible commercial units and 18 storage units (12 X 30). Some of the tenants are taking several units so presently full occupancy is only 18 tenants plus the storage rentals. Several of the storage units are used by the commercial tenants and the rest are rented to the general public. The parking lots handles 115 vehicles and the adjacent street offers more parking. CAM charges cover most of the ground and asphalt maintenance, lighting and liability insurance costs and the metal buildings are almost maintenance free. The property is being offered at a price for a cap rate above 7.5% at the current income and expenses. A must see property.

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Location Information near 975 Bevins Street
Contact Bob Schall at Schall Realty

For more information regarding this commercial property, please give us a call at View Phone Number (707) 263-5983 .

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Property Features for 975 Bevins Street
Status
Market Status
Available
Last Updated
August 16, 2017
Description
Property Type
Commercial Property
Year Built
2008
Stories
1.0
Approx. Lot Size
3.80 Acres
Sq. Feet
54,961

Building Features

  • Heating System: Central Furnace; Forced Air; Heat Pump; Space Heater; Zoned
  • Roof: Metal
  • Stories: 1.0
  • Heating Fuel: Electric

Interior Features

  • Alarm System

Listing Features

  • Property Type: Commercial;

Data Provided by Lake County Association of REALTORS

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More information about this $6,450,000 Commercial Property at 975 Bevins Street

This $6,450,000 Commercial Property at 975 Bevins Street in Lakeport, CA is offered by Bob Schall. This $6,450,000 Commercial Property, located in the 95453 zip code, has the following property features: Heating Fuel, Property Type, Heating System, Alarm System. This 975 Bevins Street Commercial Property, located in Lake County , is listed under MLS listing number LC16011899 and has a listing price of $6,450,000. You can find more of Bob Schall's listings by browsing Bob Schall homes for sale at HomesAndLand.com, or even more LAKEPORT homes for sale here.