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    290 Old Pony Expess Trl Markleeville, CA 96120
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    290 Old Pony Expess Trl, Markleeville, CA 96120

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    • Commercial real estate
    • 8.90 lot acres
    Markleeville Commercial Property - Hwy 88 For Sale
    $785,000

    Markleeville Commercial Property - Hwy 88

    Mixed-use building, 8.9 acres, Hwy 88 frontage.

    Fredricksburg, CA 96120
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 290 Old Pony Expess Trl

    Year built
    1981
    Lot size
    8.90 lot acres
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Markleeville
    County
    Alpine
    State
    California
    Longitude
    -119.823
    Latitude
    38.7769
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