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Property profile & analytics

1568 Lincoln Way Auburn, CA 95603-5010

  • Turn key restaurants
  • 2,362 SF
  • 0.13 lot acres
OFF-MARKET
Last Sale
Mar 13, 2025
$650,000
Value Estimations
$705,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-9101219
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,968
$188,170
$508,769
$696,939
-
$0.00
$0.00
$0.00
More about this property
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