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    Prime Commercial Property in Auburn Title is generated by Realmo AI

    1111 High St, Auburn, CA 95603

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    Well-maintained commercial property with versatile space and ample parking.

    Type:Office
    Property size:
    2,749 SF
    Price / SF:
    $290/SF
    Added:
    Jul 10, 2024
    Days on Market:
    728
    Last Refresh:
    Jul 5 at 3:01 pm

    Property Features for 1111 High St

    General Information

    Standard status
    Active
    Size
    2,749 SF
    Property subtype
    Office

    Building Details

    Year Built
    1945

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    Shana Lennon

    Listing office CBRE - Roseville

    Listing date Jul 10, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Roseville

    HighLights

    • Prime commercial location in Auburn, CA, offering high visibility and accessibility.
    • Versatile and well‑maintained space suitable for various businesses.
    • Spacious, open floor plans with customizable layouts.
    • Ample on‑site parking for customers and employees.
    • High‑speed internet connectivity and modern HVAC systems.
    • Proximity to shops, restaurants, services, and Central Square in Downtown Auburn.

    Overview

    Located in Auburn, CA, the commercial property at 1111 High Street offers a sought-after location with visibility and accessibility. The well-maintained interior provides versatile space suitable for various industries. Open floor plans allow for customization, and large windows provide natural light, creating a welcoming atmosphere. The property includes ample on-site parking and high-speed internet connectivity. Modern heating and cooling systems ensure year-round comfort. The surrounding neighborhood features a variety of shops, restaurants, and services. Nearby parks and green spaces offer opportunities for relaxation. The building is located in close proximity to Central Square, the heart of Downtown Auburn. The property has a large parking lot providing ample parking. The property size is 2749 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $97.6k $35.52
    − Vacancy −$13.9k −$5.04
    EGI $83.8k $30.48
    − OpEx −$20.9k −$7.62
    NOI $62.8k $22.86
    2,749 SF · lease $35.52/SF/yr · vacancy 14.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $897.6K
    $785.4K – $1.05M (±1% cap)
    NOI $62,834 @ 7.0% cap · market cap 7.86%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.06M
    $931.2K – $1.24M (±1% cap)
    NOI $74,495 @ 7.0% cap · market cap 9.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Diana ... Insurance Agency Foster David MD Physician Sierra Psychotherapy Associates Family Counselor

    Suggested Use

    Travel Agency Bed & Breakfast Pet Store Mobile Phone Store Pet Store & Service Locksmith Restaurant Restaurant Adult Day Care Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Placer
    State
    California
    Longitude
    -121.070359
    Latitude
    38.898021

    FAQs

    What type of property is this?
    Office building - Well-maintained commercial property with versatile space and ample parking.
    Where is this office building located?
    The property is located at 1111 High St Auburn, CA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Prime commercial location in Auburn, CA, offering high visibility and accessibility.; Versatile and well‑maintained space suitable for various businesses.; Spacious, open floor plans with customizable layouts.
    (916) 781-4868 Call to check price and availability
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