Current Use by Public Records
- Mary Rossitto Studios / Hair Salon
- Ontrack Scheduling Inc / Construction Company / General Contractor
Property Details for 906 Lincoln Way
- Year built
- 1914
- Lot size
- 0.25 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional value-add retail investment opportunity presents a three-tenant storefront at 906-910 Lincoln Way in Auburn, CA. The property encompasses 11,685 square feet across three stories within a single building constructed in 1914. Currently operating at 36% occupancy, this multi-tenant property offers significant upside potential for a savvy investor. Situated on a 0.25-acre lot (APN 002-145-006-000), the building benefits from high visibility and prominent signage along Lincoln Way, with convenient access to additional warehouse space from E Placer Street. The property is zoned for retail use and presents a unique chance to acquire a well-located asset in a thriving California market. The asking price is $1,495,000, and the modified lease structure provides a stable income stream from existing tenants. This property is a must-see for investors seeking a strong return on investment in a desirable location. The property's prime location and existing tenant base make it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The building's history and character add to its unique appeal, offering a blend of vintage charm and modern commercial potential. The opportunity to increase occupancy and potentially renovate the space further enhances the property's long-term value.
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
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.07
- Latitude
- 38.8995
