27 Main St Colfax, CA 95713
This meticulously remodeled, historic mixed-use building in Colfax, California's charming historic district presents a unique investment opportunity. Originally built in 1915 and completely reimagined in 2016, this 3,600 square foot property offers a versatile space ideal for various business ventures. The ground floor encompasses 2,400 square feet of commercial space, while a 600 square foot office loft and a separate 600 square foot apartment provide additional living or rental options. This live/work environment offers a sustainable lifestyle with reduced commuting and expenses. The building boasts three bathrooms and a security system. Previously home to a beloved ice cream and candy store, the property retains essential equipment and fixtures, including display counters, refrigeration units, ample storage, and furnished office loft space. This turnkey operation is ready for a new owner to continue its legacy or create a new business venture, such as a restaurant, cafe, wine bar, or retail store. Financing options are available, including 80/20 LTV for owner-occupied or investor scenarios, with low interest rates for owner-occupants utilizing up to 51% of the space. The property sits on a 0.05-acre lot at 27 Main Street, Colfax, CA, and is priced at $599,900.
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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