200 Main St Downieville, CA 95936

This exceptional mixed-use property at 200 Main Street, Downieville, CA, presents a lucrative investment opportunity. The meticulously maintained 5,118 square foot building boasts ground-floor retail space currently operating as a cafe, ice cream parlor, wine bar, and beer garden, all generating a potential rental income of $2,000 per month post-sale. Upstairs, three professionally managed Airbnb units, each with one bedroom and one bathroom, provide substantial additional revenue. Recent renovations include a new back facade, fresh paint throughout, upgraded plumbing, and new refrigeration and commercial equipment. The Airbnb units generate an estimated $90,000 in annual revenue, managed by an established third-party company willing to continue under new ownership. This results in a projected net operating income (NOI) of $65,225 annually, representing an attractive 8.9% cap rate (including a 15% management fee for the Airbnb units). Situated on a 0.08-acre lot along Highway 49 in the heart of Downieville, this property benefits from its location in the charming historic mountain town, nestled by the North Yuba and Downie rivers. Downieville offers year-round attractions, including world-class mountain biking, art galleries, restaurants, shops, and accommodations, ensuring consistent demand for both retail and short-term rental spaces. This turnkey operation offers a rare blend of established income streams and significant upside potential in a desirable location.