CA > Foresthill
Foresthill, CA 95631,24620 Main ST
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Foresthill, CA 95631,24620 Main ST
Foresthill, CA 95631,24620 Main ST
Foresthill, CA 95631,24620 Main ST
Foresthill, CA 95631,24620 Main ST
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Adrian Castillo--CV & A

Adrian Castillo--CV & A

+1(209) 380-7597
$ 300,000
Est. payment /mo
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Active

24620 Main ST Foresthill, CA 95631

0.28 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224051145

HOA Y/N No

Year Built 1890

Lot Size 0.276 Acres

Acres 0.2762

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

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 tenantsa bar and a restauranteach 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 trafficperfect 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.

Location

State CA

County Placer

Area 12304

Direction Foresthill Road to PIQ on Right in Downtown Foresthill.

Location Details Downtown

Interior

Heating Central

Cooling Central, Evaporative Cooler

Flooring Linoleum

Exterior

Parking Features Street

Utilities Available Propane, Internet Available, Other

Water Access Desc Water District

Roof Type Shingle

Accessibility AccessibleDoors

Handicap Access AccessibleDoors

Building

Foundation Raised

Sewer Septic System

Water Water District

Others

Senior Community No

Tax ID 007-153-006-000

Special Listing Condition None

MetroList® Services, Inc
Listed by Windermere Signature Properties Auburn
agent

Adrian Castillo--CV & A

Agent | License ID: 01308935

+1(209) 380-7597

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24620 Main ST