52 Soda Bay Road
52 Soda Bay Road Lakeport, California 95453 United States

$2,800,000
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Batarseh Real Estate

Alex C Tannous
  • DRE# 01927778
Listing Courtesy of Batarseh Real Estate
$2,800,000
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25.73 Acres
Exterior
Retail - Commercial
Property type
1998
Year Built
322040136
Web Id
322040136
MLS ID
Lakeport Unified
School District
57
days ago

About 52 Soda Bay Road

Prime development opportunity with Lakeport Cinema 5 and Auto Movies Drive-In as an income producing anchor tenant. Site is composed of 4 parcels totaling 25.73 acres. Cinema is 18,620 SF with a 1,919 SF mezzanine situated on 3.46 acres. The Drive-In is one of the few remaining Auto Movies in California and sits on 8.21 acres with a 3,240 SF projection room, concessions stand/snack bar, and restrooms. The 5.87 acre development parcel fronts Soda Bay Rd and is positioned perfectly for multiple pad sites or big box retail. The remaining 8.19 acre parcel is located in wetlands. The cinema and drive-in have thrived in operations with seasoned ownership and management since 1997. Cinema operates on a NNN lease with minimal Landlord responsibility. Recent 2022 capital expenditures include roof replacement, seats, carpet, and lighting. Property is ideally located off the intersection of Main St/Soda Bay Rd and Hwy 29/Hwy 175 with all parcels being visible from Highway 29.

Listing provided by Alex C Tannous at Batarseh Real Estate

This Listing is for Sale .The listing status is Activelocated within Lake County
Listing Courtesy of Batarseh Real Estate

Batarseh Real Estate

Alex C Tannous
  • DRE# 01927778
Listing Courtesy of Batarseh Real Estate
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