183 Placerville Dr Dr Placerville, CA 95667
- Commercial real estate
- 7,200 SF
- 0.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 183 Placerville Dr Dr
- Year built
- 1977
- Lot size
- 0.46 lot acres
- Property size
- 7,200 SF
- Property type
- Commercial real estate
Description
This exceptional 7,200 square foot commercial property, situated on a 0.46-acre lot at 183 Placerville Drive in Placerville, CA, presents a compelling investment opportunity. Currently boasting long-term tenants with favorable lease agreements including rollover options, this property offers immediate cash flow and significant upside potential. The building itself has undergone recent and substantial improvements, including a complete HVAC system upgrade, a new roof, fresh interior and exterior paint, and a renovated parking lot. Its prime location across from Raley's ensures high visibility and substantial foot traffic, maximizing exposure for current and future tenants. The spacious layout is ideal for an owner-user seeking to occupy a portion of the building while generating rental income from additional tenants. The property's excellent condition and strong tenant base make it a low-risk, high-reward investment. Owner financing options are available, making this an even more attractive proposition for qualified buyers. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Don't miss out on this chance to secure a stable and profitable investment. The asking price is $1,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Placerville
- County
- El Dorado
- State
- California
- Longitude
- -120.838
- Latitude
- 38.7274
