251-253 Main St - Restaurant FOR SALE


Placerville, CA 95667
$835,000 USD
530-363-5468
251-253 Main St, Placerville, CA for Sale
$835,000 USD
Restaurant - FOR SALE
1/41
null | Request Cap Rate

251-253 Main St
Placerville, CA 95667


HIGHLIGHTS

  • Historic Main Street in Popular Old Town Placerville
  • Close to Freeway
  • Lively Bar and Music Venue
  • Heavy Foot Traffic Daily
  • Popular Stop for Travelers
  • Full bar and Kitchen

OVERVIEW

This is a rare opportunity to acquire an exquisite property located on Main Street, in the heart of Historic Downtown Placerville, also known as Old Hangtown. This charming area has historically been a popular stop for travelers heading to and from Lake Tahoe. The current business owner is willing to negotiate a lease with the new owner and is open to either continuing operations or selling the existing business. The interior has undergone stunning renovations, now featuring a stage and top-notch music equipment, which creates the perfect setting for live music. Additionally, the venue has expanded to include a full bar with an impressive selection of beer and wine, making it a versatile entertainment destination. The kitchen is well-equipped with an Ansul system, an oversized hood, and a walk-in cooler. There is also potential to introduce a food component to the current business model, presenting many opportunities for prospective owners. The space is fully ADA compliant, ensuring accessibility for all patrons. Convenient parking with signage is readily available along Highway 50, and there is additional storage space on the second floor. This property truly holds limitless potential.

FOR SALE DETAILS

PRICE

$835,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C

APN/PARCEL ID

001-201-006-000

ASK ABOUT THIS PROPERTY

Alesia DeVoleXp Realty of California, Inc.More Info
530-363-5468

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Alesia DeVoleXp Realty of California, Inc.More Info
530-363-5468

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