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    300 Front St Placerville, CO 81430

    For Sale
    $360,000

    Historic building, strong rental income. Prime location.

    Property size:
    960 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 300 Front Street, Placerville, CO, presents a unique investment opportunity. The 960-square-foot building, situated on a 0.19-acre lot, boasts a rich history, originally serving as a blacksmith shop in 1940 before becoming the current home of the United States Post Office. The USPS has been a reliable tenant since 1985, with a lease extending until October 2026. The current annual rental income is $13,288, and the tenant covers all maintenance, insurance, and property taxes, making this a low-maintenance investment. The property is being sold "as is." For buyers seeking financing, owner financing is available with a 20% down payment, a 5% interest rate, amortized over 30 years, and a balloon payment due in 5 years. This prime Placerville location and the long-term, stable income stream make this a compelling investment opportunity. The property's historical significance adds to its unique appeal. Don't miss this chance to acquire a piece of Placerville's history and secure a strong, consistent income stream.

    Property Features for 300 Front St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    960 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office

    Map

    City
    Placerville
    County
    San Miguel CO
    State
    Colorado
    Longitude
    -108.0535
    Latitude
    38.01737

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building, strong rental income. Prime location.
    Where is this mixed-use property located?
    The property is located at 300 Front St Placerville, CO.
    What is the asking price?
    The asking price for this property is $360,000.
    Request Owner's contact information
    300 Front St Placerville, CO 81430
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    Placerville, CO 81430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Front St Placerville, CO 81430
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