589 Main St - Restaurant FOR SALE


Placerville, CA 95667
$735,000 USD
916-939-7253
589 Main St, Placerville, CA for Sale
$735,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

589 Main St
Placerville, CA 95667


OVERVIEW

Rare Mixed-Use Commercial Opportunity on Historic Main Street Positioned at the highly visible corner of Main Street and Clay Street, this Victorian commercial property presents an exceptional opportunity for investors, entrepreneurs, and owner-users alike. With outstanding street frontage, strong daily traffic, excellent visibility, and walkable access to downtown shops, restaurants, and year-round events, this is one of Placerville's most recognizable commercial locations. Public parking lots are conveniently located directly across the street, while private owner parking is situated behind the building for added convenience. The ground floor offers a restaurant space featuring indoor dining, a commercial kitchen area, bar-top seating, a spacious storage room, lobby, and customer/staff restroom. A separate entrance provides the flexibility to divide the space into multiple businesses, professional offices, or additional income-producing suites. One of the property's most distinctive features is the expansive gated deck overlooking Main Streetan incredible setting for outdoor dining, live entertainment, private events, or expanded customer seating in the heart of downtown. Significant capital improvements provide added value and peace of mind, including HVAC systems replaced in 2020 and a new sewer line installed from the building to the city connection, making this a well-maintained investment both inside and out. The second floor includes flexible rooms/spaces and a half bathroom, creating endless possibilities for owner/manager living space, executive offices, creative studios, wellness or salon suites, professional services, meeting space, employee accommodations, or additional income opportunities (subject to local regulations). Whether your vision includes a restaurant, wine bar, brewery, caf, retail boutique, professional offices, or a multi-tenant investment property, this exceptional building offers remarkable flexibility in one of Placerville's most desirable commercial corridors. Commercial properties with this combination of historic character, Main Street frontage, private parking, detached, recent capital improvements, and flexible mixed-use potential rarely become available.

FOR SALE DETAILS

PRICE

$735,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,836 SF

ZONING

C

APN/PARCEL ID

002-151-014-000

ASK ABOUT THIS PROPERTY

Madison BristolVista Sotheby's International RealtyMore Info
916-939-7253

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Madison BristolVista Sotheby's International RealtyMore Info
916-939-7253

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