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    216 Washington St Auburn, CA 95603

    Sponsored
    For Sale
    $1,295,000

    Historic Auburn retail building, 3,148 sq ft.

    Property size:
    3,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,148 square foot retail property, located at 216 Washington Street in Auburn, California (95603), presents a unique investment opportunity. Built in 1950 and situated on a 5,158 square foot lot (APN: 004-011-039-000), this C-2 zoned property is ideally positioned within Auburn's Central Business District and Historic District, benefiting from the Oldtown Design Review Overlay. The asking price is $1,295,000, translating to $411.37 per square foot. The property boasts a complete package of furniture, fixtures, and equipment (FF&E). Significant upgrades have recently been completed, including a new roof (2023) and a new sewer line (2023). The building is restaurant-ready, featuring a Type-1 hood and Ansul fire suppression system, essential infrastructure for food service establishments. A large front patio provides ample space for outdoor seating, enhancing the property's appeal and potential. A Type-47 ABC liquor license will convey with the sale. This license is a significant asset, given the limited availability of such licenses in Placer County.

    Property Features for 216 Washington St

    General Information

    Property type
    Retail properties
    Square Feet
    3,148 SF

    Building Details

    Year Built
    1950

    HighLights

    • Fully furnished and equipped (FF&E) included.
    • Equipped with a Type‑1 hood system and Ansul fire suppression system.
    • New roof installed in 2023.
    • New sewer line installed in 2023.
    • Spacious front patio ideal for outdoor dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tio Pepe Mex Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Placer
    State
    California
    Longitude
    -121.0791786
    Latitude
    38.8957202

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    FAQs

    What type of property is this?
    Retail property - Historic Auburn retail building, 3,148 sq ft.
    Where is this retail property located?
    The property is located at 216 Washington St Auburn, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Fully furnished and equipped (FF&E) included.; Equipped with a Type-1 hood system and Ansul fire suppression system.; New roof installed in 2023.
    Request Owner's contact information
    216 Washington St Auburn, CA 95603
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    Auburn, CA 95603
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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
    216 Washington St Auburn, CA 95603
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