Downtown Storefront with Two
839 Lincoln Way Auburn, CA 95603
For Sale
$649,000
Storefront property configured as two rentable spaces, currently leased to an art gallery and beauty salon.
Property Size2,818 SF
Price / SF$230.31
Days on Market557
Property Features for 839 Lincoln Way
General Information
- Standard status
- Active
- Size
- 2,818 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1918
Listing Agency:
The CAPPS Group
7657732
Listed By:
Kevin Capps · License #01705659
7657732
Source:
Xome
Added: Jan 13, 2025
Changed: Jul 22
Last Checked: Jul 23 at 4:10AM
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 The CAPPS Group
Investment Insights
Based on property information with market context.
Located at 839 Lincoln Way in Downtown Auburn, this retail storefront property is arranged as two separate rentable spaces. The existing configuration supports independent occupancy within the same building, offering a straightforward setup for a variety of retail users.
The property is currently rented to an art gallery and a beauty salon, reflecting its mix of street-facing retail functionality.
With approximately 2,818 square feet total, the asset provides flexible in-building separation while maintaining a single downtown presence on Lincoln Way.
The property is currently rented to an art gallery and a beauty salon, reflecting its mix of street-facing retail functionality.
With approximately 2,818 square feet total, the asset provides flexible in-building separation while maintaining a single downtown presence on Lincoln Way.
Key Highlights
- Over 2,800 SF downtown commercial storefront on Lincoln Way, currently configured as two rentable spaces
- Leased tenant mix includes an art gallery and a beauty salon
- Commercial zoning
Financial Insights For Retail
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 | $87.2k | $30.96 |
| − Vacancy | −$9.0k | −$3.19 |
| EGI | $78.3k | $27.77 |
| − OpEx | −$23.5k | −$8.33 |
| NOI | $54.8k | $19.44 |
2,818 SF · lease $30.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$782.6K
$684.8K – $913.0K
NOI $54,781 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$954.6K – $1.27M
NOI $76,365 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
US. Artisan Marketplace
Food Market
Carolyn Hearn Designs
(Bike/Boat/Book/etc) Store
Kaleidoscope Art Gallery
Art Gallery
Similar Off Market Nearby
- Auburn Flower Shop, Elevated Blooms by KM — 607 High St, Auburn, CA 95603
- Pistil Annie Flower Shop — 177 Sacramento St, Auburn, CA 95603
FAQs
What type of property is this?
Storefront property - Storefront property configured as two rentable spaces, currently leased to an art gallery and beauty salon.
Where is this storefront property located?
The property is located at 839 Lincoln Way Auburn, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Over 2,800 SF downtown commercial storefront on Lincoln Way, currently configured as two rentable spaces; Leased tenant mix includes an art gallery and a beauty salon; Commercial zoning