52 Soda Bay Rd - Movie Theatre FOR SALE


Lakeport, CA 95453
$1,750,000 USD
707-483-8493
52 Soda Bay Rd, Lakeport, CA for Sale
$1,750,000 USD
Movie Theatre - FOR SALE
1/38
null | Request Cap Rate

52 Soda Bay Rd
Lakeport, CA 95453


HIGHLIGHTS

  • Excellent access, frontage and visibility.
  • Close proximity to the City's new Lakefront Park.
  • Located in an established commercial corridor that boasts many well-known brands, as well as smaller one-of-a-kind businesses.
  • High-performing intersection with excellent visibility from HWY 29
  • Ample parking available for shoppers and employees.
  • 2022 Capital Expenditures include a roof replacement, new enhanced lighting, new carpeting and seats.

OVERVIEW

Investment opportunity in Beautiful Lake County! The Lakeport Cinema 5 and Auto Movie Drive-In is looking for a new owner. The Drive-In is one of the very few remaining in California! This property consists of 4 Parcels in total. The Cinema is approximately 18,620sqft with a 1919sqft mezzanine on 3.5± acres. The Auto Movie Drive-in has its own 3240sqft projection room, concession stand, and restrooms all situated on 8.1± acres. One of the additional undeveloped parcels is approximately 5.9± acres and is sitting on the prime street frontage of Soda Bay Road. This Property is ideally located off Main Street and Soda Bay Road with Visibility from HWY 29. The remaining parcel is 8.4± acres located in the wetlands. Recent 2022 upgrades included a roof replacement, new enhanced lighting, new carpeting and seats.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25.73 AC

LAND SF

1,120,799 SF

ZONING

C3

APN/PARCEL ID

008-001-280-000,008-001-290-000,008-001-300-000,008-001-310-000

ASK ABOUT THIS PROPERTY

Chris CastelliDavid ChungMore Info
707-483-8493

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Chris CastelliDavid ChungMore Info
707-483-8493

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.