Historic Office Building with Living
156 Center Street Auburn, CA 95603
156 Center Street, Auburn, CA, 95603
$595,000
For Sale
$595,000
Zoned C-2, this two-story building includes a full kitchen and bath living unit plus parking with side access to the rear.
Property Size2,182 SF
Price / SF$272.69
Days on Market351
Property Features for 156 Center Street
General Information
- Standard status
- Active
- Size
- 2,182 SF
- Property subtype
- Office
Building Details
- Year Built
- 1923
Listing agency
Coldwell Banker Realty
5999338
Listed by
Dean Howell · License #00982650
5999338
Source
Xome
Added: Aug 5, 2025 Updated: Jul 20 at 6:31PM Checked: Jul 21 at 3:13AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This historic, classic-style office building presents a distinctive mix of work and live space. The property includes a living unit with a full kitchen and bath, and it was previously used as the owner’s main office, taking advantage of the building’s character. There is also a separate entrance for the 2nd story, which provides flexibility for how the upper level can be used.
A key operational feature is the onsite parking with side access to the rear of the property, supporting convenient arrivals and straightforward access around the building.
Zoned C-2, the property offers an interesting configuration for an owner-operator or a buyer looking for a building that can accommodate more than one function under one roof.
A key operational feature is the onsite parking with side access to the rear of the property, supporting convenient arrivals and straightforward access around the building.
Zoned C-2, the property offers an interesting configuration for an owner-operator or a buyer looking for a building that can accommodate more than one function under one roof.
Key Highlights
- Zoned C‑2: two‑story building with classic historical character (built in 1923).
- Includes a living unit with a full kitchen and bath in addition to the main building space.
- On‑site parking with 4 parking spaces, with side access to the rear of the property.
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 | $77.5k | $35.52 |
| − Vacancy | −$11.0k | −$5.04 |
| EGI | $66.5k | $30.48 |
| − OpEx | −$16.6k | −$7.62 |
| NOI | $49.9k | $22.86 |
2,182 SF · lease $35.52/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$712.5K
$623.4K – $831.2K
NOI $49,874 @ 7.0% cap · market cap 8.38%
Second Best
Mixed Use
$473.4K
$414.2K – $552.3K
NOI $33,139 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$844.7K
$739.1K – $985.5K
NOI $59,130 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Zoned C-2, this two-story building includes a full kitchen and bath living unit plus parking with side access to the rear.
Where is this live-work space located?
The property is located at 156 Center Street Auburn, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Zoned C‑2: two‑story building with classic historical character (built in 1923).; Includes a living unit with a full kitchen and bath in addition to the main building space.; On‑site parking with 4 parking spaces, with side access to the rear of the property.
