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    OFF-MARKET
    Commercial real estate

    21335 Consolation St, Volcano, CA 95689

    1,488 SF 0.03 ac lot Built 1900
    Property ID
    Property summary
    AI-generated overview

    This unique 1,488 sq ft property in Volcano, CA, presents a compelling investment opportunity. Located at 21335 Consolation Street, this recently updated and restored historic building offers versatile space ideal for office, retail, or mixed-use purposes on the street level. Upstairs, a renovated apartment boasts a deck with captivating views of the town. Currently configured as two separate units, this property is perfect for generating rental income. The sale includes a second parcel at 21341 Consolation Street (APN: 029-033-020-000), expanding the overall footprint. Note that the cannon situated between the two parcels is town property. Volcano itself is a vibrant historic town, offering convenient access to restaurants, a grocery store, post office, and boutiques. Enjoy easy commutes to nearby Pine Grove and Jackson for additional amenities. Outdoor enthusiasts will appreciate the proximity to skiing, hiking, and fishing opportunities, with convenient backroads leading to Nevada and Lake Tahoe. Seller financing is available for qualified buyers with a substantial down payment, offering a flexible purchase option for a term of two to three years. This property represents a rare blend of historic charm, modern updates, and significant income potential in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Total area 1,488 SF
    Lot 0.03 ac (1,307 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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