Two-Level Mixed-Use Office
160 Cherry Avenue, Auburn, CA 95603
For Sale
$780,000
C-2-zoned property arranged with a separate ground-floor suite and three private offices upstairs.
Property Size1,512 SF
Price / SF$515.87
Days on Market18
Property Features for 160 Cherry Avenue
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Realty ONE Group Complete
050404
Listed By:
Mindi R McAlister
(916) 416-5790
Source:
Fitforliferealestate
Added: Oct 22
Changed: Nov 7
Last Checked: Nov 7 at 7:59PM
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 Realty ONE Group Complete
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Investment Insights
Based on property information with market context.
This 1,512-square-foot, two-level commercial property was built in 1920 and is zoned C-2. The ground-floor suite has its own lobby, two work areas, a kitchenette, and an ADA-compliant bathroom. A separate entrance from the foyer leads to this space. Upstairs, three offices share a half bath; the largest office spans the front of the building and receives natural light. Both ground-floor offices open onto a veranda with access toward the street.
The property is in downtown Auburn, near restaurants, shops, and services. Free public parking with EV charging is a short walk away.
The property is in downtown Auburn, near restaurants, shops, and services. Free public parking with EV charging is a short walk away.
Key Highlights
- 1,512 square feet; built in 1920
- C‑2 zoning
- Ground‑floor suite includes a lobby, two work areas, kitchenette, and ADA bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,560
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,200
$691.2K
Cap Rate 7%
$493,714
$493.7K
Cap Rate 9%
$384,000
$384.0K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$53.7K $35.52/SF
− Vacancy
−$7.6K −$5.04/SF
EGI
$46.1K $30.48/SF
− OpEx
−$11.5K −$7.62/SF
NOI
$34.6K $22.86/SF
Area
Placer County, CA
Vacancy
14.20%
Lease Rate
$35.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,200
Cap Rate 7%
$493,714
Cap Rate 9%
$384,000
Alternative Uses
Best Use
Office B
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 4.43%
Second Best
Mixed Use
$328.1K
$287.1K – $382.7K
NOI $22,964 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$585.3K
$512.2K – $682.9K
NOI $40,974 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,462
Businesses Nearby
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Business Placement
Demographics for 95603, CA
28,021
Population
12,538
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
35.8 sq mi
ZIP Area
783
Density / Sq Mi
$80,851
Median Household Income
$44,207
Median Earnings
$1,451
Median Rent
$613,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2-zoned property arranged with a separate ground-floor suite and three private offices upstairs.
Where is this mixed-use property located?
The property is located at 160 Cherry Avenue Auburn, CA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 1,512 square feet; built in 1920; C‑2 zoning; Ground‑floor suite includes a lobby, two work areas, kitchenette, and ADA bathroom
