1001 Bidwell St, Folsom, CA 95630-5549
- Retail space
- 9,600 SF
- 0.64 lot acres
Current Use by Public Records
- The Donut Shop / Bakery / Discount Store
- Chipotle Mexican Grill / Restaurant
- Intek Сonstruction Company / Construction Company
- oura vape & smoke shop / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- The Backyard Experience / Landscaping / General Contractor
Property Details for 1001 Bidwell St
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 0.64 lot acres
- Zone code
- C-2 (PD)
- Property type
- Retail space
- APN
- 071-0980-008-0000
- APU
- 7109800080000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 2, 2022 | $9,120,000 | Supara LLC | Pacific Castle Willow Creek LLC | Grant Deed | — |
| Oct 15, 2020 | — | Pacific Castle Willow Crk LLC | — | Deed · related | $2.7M · Chang T & C F/tr (pt) |
| Nov 4, 2014 | — | Pacific Castle Willow Creek | — | Grant Deed · related | $5.8M · Rabobank |
| Sep 26, 2013 | $4,121,254 | Pacific Castle Willow Creek LLC | Msci 2006 Hq10 Bidwell Street Limit | Grant Deed | $5M · Chinatrust Bank USA |
| Aug 31, 2011 | $5,000,000 | 2006-hq10 Bidwell Street Msci | Stewart Default Services | Trustees Deed · related | — |
| Feb 6, 2004 | — | Willow Creek Town Center LLC | Donahue Schriber Realty Group | Grant Deed | $8M · Greenwich Capital Fin'l Produc |
| May 1, 1998 | — | Donahue Schriber Realty Group | Dsc Willow Creek | Grant Deed | $175M · Bankboston NA |
| Jan 15, 1993 | $102,000 | Willow Creek Dsc | Northern Cal Dev | Grant Deed · related | — |
| — | — | Pacific Castle Willow Crk LLC | — | Deed Of Trust · related | $2.7M · Chang T & C F/tr (pt) |
Description
This turnkey business opportunity presents a chance to acquire a well-established and profitable boba tea shop in Folsom, California. Located at 1001 E Bidwell St, 95630, this 1,008 square foot shop sits on a 27,795 square foot lot zoned C-2PD. The business, operating since 2020, boasts a strong online ordering presence and benefits from a high-traffic location. Priced at $130,000, it offers a compelling 58.5% cap rate with a current NOI of $63,627. The sale includes all trade fixtures and personal property, allowing for immediate operation. The buyer will assume the existing lease and employees, with the current owner providing training and assistance with the transition. While currently operating under the Sunright Tea Studio franchise (franchise agreement not included in sale), the buyer will need to rebrand and source supplies independently. The business entity is debt-free, making this a low-risk, high-reward investment opportunity. The property's APN is 071-0980-008-0000. This is a single-unit business built in 1991.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,830,000
- ML approach
- $8,000,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $7,020,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- Sacramento
- State
- California
- Longitude
- -121.156
- Latitude
- 38.6696
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
