Overview
About This Listing
This is a 6,900 square foot historic mixed-use building occupying the hard corner of Lincoln Blvd and 5th Street in downtown Lincoln an assemblage trading as a single parcel with multiple street addresses and independent rentable bays. The building dates to 1900 and carries the character buyers cannot manufacture: original brick, transom glass, corner presence, and a tenant-mix flexibility that modern product cannot replicate. Priced at $1,875,000, the asset trades at roughly $272 per square foot against replacement cost materially higher and against downtown Placer County comparables that routinely clear $300+ per foot once modernized. The deferred maintenance and cosmetic updates are knowable, scopeable, and contained not structural. Execute a disciplined capital plan across 12 to 18 months and the asset resets to a $2M+ stabilized basis with in-place income supporting a refinance or a clean disposition. This is a craftsman’s deal, not a home run the margin is earned, not gifted.
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1 Main Street, #4-8, Jackson, CA 95642
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Source:
Listed by: Jackson Realty, Inc. -
Details
$450,000(Negotiable)
12468 La Porte Road, Clipper Mills, CA 95930
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Source:
Listed by: PCG Commercial, Inc -
Details
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Source:
Listed by: Century 21 Select Real Estate -
Details
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