21335 Consolation St, Volcano, CA 95689
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.
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
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Property description
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