Current Use by Public Records
- Commercial real estate
Property Details for 1333 Hwy
- Year built
- 1979
- Lot size
- 1.30 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3,586 square foot property, situated on 1.3 acres at 1333 Highway 174 in Colfax, CA, presents a unique investment opportunity. Its versatile zoning allows for a wide range of uses, including retail, residential (caretaker), office, medical, industrial, and cannabis-related businesses. The property comprises three separate units – two upstairs and one downstairs – offering flexibility and potential for diverse income streams. Its history reflects this adaptability, having previously served as a short-term rental, veterinary clinic, campground, office space, medical facility, and conference center. The strategic location between Sacramento and Lake Tahoe, with proximity to the Bear River, American River, and Lake Rollins, enhances its appeal and accessibility. Previous zoning approvals indicate potential for development into four duplexes, with a lot split for each, suggesting significant expansion possibilities. Currently, water access is available at the street. This property offers a compelling blend of existing income potential and substantial future development prospects. The asking price is $985,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colfax
- County
- Placer
- State
- California
- Longitude
- -120.95
- Latitude
- 39.1141
