About 14620 Olympic Drive
Exceptional investment and development opportunity in Clearlake, California. This portfolio
includes four parcels along Olympic Drive with a compelling mix of Commercial and High
Density Residential zoning.
The offering includes 14620 Olympic Drive (APN 039-570-130), Commercial; 14630
Olympic Drive (APN 039-570-140), High Density Residential (HDR); 14634 Olympic Drive
(APN 039-570-160), Commercial; and 14638 Olympic Drive (APN 039-570-170),
Commercial.
With three commercially zoned parcels and one High Density Residential parcel, this
assemblage presents an exciting opportunity for an investor, builder, or developer seeking
flexibility and long-term potential. The combination of commercial and residential zoning
may accommodate a variety of development concepts, subject to City of Clearlake approvals,
zoning requirements, utilities, and applicable development standards.
Adding to its appeal is the convenient location near key community services, shopping,
healthcare, recreation, and schools. Nearby amenities include Wells Fargo Bank, Safeway,
City of Clearlake City Hall, Clearlake Fire Department, Lake County Tribal Health
South Shore Clinic and Pain and Wellness Center, Austin Park, Burns Valley School, and other
local schools.
Offered together as a four-parcel portfolio, this is a unique opportunity to acquire multiple
properties in one offering and explore the potential of a strategically assembled site in the
Clearlake market.
Buyer and buyer’s representatives are encouraged to independently verify zoning, permitted
uses, development potential, utilities, parcel boundaries, and all other information with the
City of Clearlake and appropriate agencies.