16360 State Highway 175 Active Save Request In-Person Tour Request Virtual Tour
Cobb,CA 95426
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC25004174
Year Built 1950
Lot Size 0.690 Acres
Property Sub-Type Business
Property Description
COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000.
Location
State CA
County Lake
Area Lccob - Cobb
Interior
Heating Propane,Wall Furnace
Cooling Wall/Window Unit(s)
Laundry None
Exterior
Utilities Available Cable Connected,Electricity Connected
Waterfront Description Creek
Roof Type Composition
Building
Lot Description Gentle Sloping,On Golf Course,Street Level
Story 1
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Notice Of Default,Short Sale