535 Placerville Dr - Supermarket FOR SALE


Placerville, CA 95667
$1,675,000 USD
415-793-0865
535 Placerville Dr, Placerville, CA for Sale
$1,675,000 USD
Supermarket - FOR SALE
1/8
null | 7.63% Cap Rate

535 Placerville Dr
Placerville, CA 95667


OVERVIEW

Single Tenant net leased retail investment with minimal landlord responsibilities in a great location on a busy commercial corridor just off Hwy 50, near downtown. Placerville is located 45 miles northeast of Sacramento and is a gateway to the Foothills Wine Country and the Lake Tahoe year-round recreational area. Well maintained property with a successful long term health food store tenant. The ground floor features a health food / grocery store featuring fresh produce, health foods, deli, and health and beauty products. There is an elevator serving a second floor with office and meeting spaces. A concrete patio with tables and seating is on the side of the building for customer use. The property includes a dedicated parking lot with some spaces covered by a solar system for additional energy savings. The store is leased through August 2027 and the tenant has a five year option to renew.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

7.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,037 SF

ZONING

C

APN/PARCEL ID

323-480-022-000

ASK ABOUT THIS PROPERTY

Rich GumbinerColdwell Banker Commercial RealtyMore Info
415-793-0865

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Rich GumbinerColdwell Banker Commercial RealtyMore Info
415-793-0865

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