Cobb, CA 95426,16360 State Highway 175
Cobb, CA 95426,16360 State Highway 175
Cobb, CA 95426,16360 State Highway 175
28
$208,000
$215,000
3.3%
Est.Price: ?

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0.69 Acres Lot

16360 State Highway 175 Cobb, CA 95426

Est. payment /mo
SOLD DATE : 08/14/2025

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Key Details

Sold Price $208,000

Property Type Commercial

Sub Type Business

Listing Status Sold

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. Storage Area of 450sf could be additional office or retail space for greater return. 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. Seller will consider 3% in buyer's concessions at closing.

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

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CRMLS – RECore
Listed by Timothy Toye Timothy Toye and Associates 707-928-6900
Bought with Timothy Toye Timothy Toye and Associates

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agent

Jacqui Larson

Broker Associate | License ID: 01407829

+1(760) 585-5437

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