2716 Coloma St Placerville, CA 95667
- Commercial real estate
- 3,330 SF
- 0.95 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2716 Coloma St
- Year built
- 1953
- Lot size
- 0.95 lot acres
- Property size
- 3,330 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 2716 Coloma Street in Placerville, California, presents a unique investment opportunity. The 3,330 square foot property sits on a 0.95-acre lot and boasts a prime commercial location with excellent frontage on busy Coloma Street, near the heart of downtown Placerville. A significant advantage is the built-in income stream generated by an existing tenant, Waterfall Salon, currently occupying a portion of the building. The second building offers substantial unoccupied office space, perfect for expansion or additional rental income. This space includes five private offices, a reception area, two bathrooms, a large storage area, and a spacious loft with a third bathroom. The property's strategic location and the potential for increased rental income make this an attractive proposition for investors seeking a stable return and entrepreneurs looking to establish or expand their business. The combination of existing income and the potential for further development makes this a truly compelling investment opportunity in a thriving downtown area. The property's size and layout offer flexibility for a variety of commercial uses. Don't miss this chance to acquire a prime commercial property with immediate income potential and significant upside.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Placerville
- County
- El Dorado
- State
- California
- Longitude
- -120.81
- Latitude
- 38.7367
