Description
Investment opportunity located on Main Street in downtown Placerville, CA. in the heart of the historic district. Currently offers 6% CAP rate @ list. This turn-key asset offers mixed use w/iconic restaurant, finished office & 2 residential lofts. Great retail exposure from Hwy. 50. Completely renovated inside & out in 2008 w/ over 3.5m invested on rehab. Quality construction. Building was taken to the studs & no expense was spared. 6,000+\- sq ft. of high finish multi-use office space. Office & current restaurant are on street level w/ retail access from Main St. This is one of the highest exposed buildings in town. Two additional residential lofts rest on the top floor w/ vaulted ceilings & walk out balcony's. Both units were updated in 2020. 3bed/2bth units w/ walk out balcony's. Designated parking, building backs to the walking/running/biking trail that runs through town. All units have independent meters. Two sep parking lots. Each unit has dedicated water, power, gas meters.
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0BEDS
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0.54ACRES
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0BATHS
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01/2 BATHS
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11,840SQFT
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$207$/SQFT
School Ratings & Info
Description
Investment opportunity located on Main Street in downtown Placerville, CA. in the heart of the historic district. Currently offers 6% CAP rate @ list. This turn-key asset offers mixed use w/iconic restaurant, finished office & 2 residential lofts. Great retail exposure from Hwy. 50. Completely renovated inside & out in 2008 w/ over 3.5m invested on rehab. Quality construction. Building was taken to the studs & no expense was spared. 6,000+\- sq ft. of high finish multi-use office space. Office & current restaurant are on street level w/ retail access from Main St. This is one of the highest exposed buildings in town. Two additional residential lofts rest on the top floor w/ vaulted ceilings & walk out balcony's. Both units were updated in 2020. 3bed/2bth units w/ walk out balcony's. Designated parking, building backs to the walking/running/biking trail that runs through town. All units have independent meters. Two sep parking lots. Each unit has dedicated water, power, gas meters.
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