1568 Lincoln Way Auburn, CA 95603-5010
- Turn key restaurants
- 2,362 SF
- 0.13 lot acres
Mar 13, 2025
Current Use by Public Records
- Carpe Vino Auburn / New American Restaurant / Cocktail Bar
Property Details for 1568 Lincoln Way
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 2,362 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- 002-225-014-000
- APU
- 2225014000
Description
This exceptional 2,700 square foot commercial property at 1568 Lincoln Way in Auburn, California, presents a unique investment opportunity. Built in 1855, this historically significant building boasts original brick walls and Douglas fir beams, preserving the charm of its past as the Union Saloon, a hub for gold miners and pioneers. The property's rich history is palpable, enhanced by an atmospheric cave featuring iron candle holders, perfect for creating a unique ambiance for private events. Recently occupied by the acclaimed Carpe Vino restaurant, the space is well-equipped for food service, including a dedicated refrigeration room and a sizable kitchen area with ample shelving. An expansive covered patio provides additional space ideal for outdoor dining or hosting events. Situated on a 0.13-acre lot, this property offers significant potential for a variety of commercial ventures. The building is available for purchase individually, or in conjunction with a neighboring property at 165 Court Street, presenting an opportunity to acquire a substantial footprint in Auburn's historic district. Its prime location and unique character make it an exceptional investment for those seeking a memorable and historically significant commercial space. The property's existing infrastructure, including the kitchen and refrigeration, provides a solid foundation for a range of businesses. The combination of historical charm and modern functionality makes this a truly remarkable opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $650,000
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $874,000
Market price range: $343k - $1.84M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $920,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.078
- Latitude
- 38.8959
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA