24620 Main St - Flex FOR SALE


Foresthill, CA 95631
$300,000 USD
530-388-8474
24620 Main St, Foresthill, CA for Sale
$300,000 USD
Flex - FOR SALE
1/33
null | 8.12% Cap Rate

NEW


24620 Main St
Foresthill, CA 95631


HIGHLIGHTS

  • Long term tenants with great local following.

OVERVIEW

Turnkey Income with 8.12% Cap Rate – Bar & Restaurant Investment on Main Street Located in the charming town of Foresthill, this fully leased mixed-use commercial building offers immediate cash flow with a cap rate of 12%. The property houses two established tenants—a bar and a restaurant—each operating under leases with recent rent increases aligning with current market conditions. With an NOI of $36,100, this asset provides reliable passive income. The building is older but structurally sound, with future upside available through renovations or strategic tenant repositioning. Foresthill is a community with historic charm and steady local traffic—perfect for long-term holding or as a value-add opportunity. Whether you're a seasoned investor or looking for a 1031 exchange, this Main Street gem delivers stability, upside, and income from day one.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

8.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1890

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,023

ZONING

-

APN/PARCEL ID

007-153-006

ASK ABOUT THIS PROPERTY

Samantha MeltzWindermere Signature PropertiesMore Info
530-388-8474

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Samantha MeltzWindermere Signature PropertiesMore Info
530-388-8474

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