290 Old Pony Expess Trl Markleeville, CA 96120
This remarkable commercial property presents a unique investment opportunity in the desirable Woodfords/Markleeville area. Situated on a spacious 8.9-acre lot with prime Highway 88 frontage, the property boasts excellent curb appeal and visibility. The 4200 square foot, two-story building is zoned for both residential and agricultural use, with the building itself designated as commercial. The ground floor currently operates as a successful country store and deli, a business that has occupied the space for over three decades. This established tenant offers a consistent income stream, further enhanced by California Lottery ticket sales. The downstairs features a welcoming front porch, two large rooms, two half bathrooms, and a fully equipped commercial kitchen including three sinks, a walk-in refrigerator, and a commercial oven. Upstairs, the property offers two additional large rooms, a full bathroom, and a residential kitchen complete with an oversized refrigerator, dishwasher, and range. This upper level presents versatile options, suitable for expansion of the existing business, leasing as a separate commercial space, or even conversion into a residential apartment. The property's zoning and existing infrastructure provide significant flexibility for a variety of commercial and potential residential uses, making it an exceptional investment in a picturesque and thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.