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Property profile & analytics
OFF-MARKET
Turn key restaurants

216 Washington St Auburn, CA 95603-5037

3,148 SF 0.12 ac lot Built 1950
Trust Owned 8-yr Hold ~ Est. High Equity
Property ID
US09-7178537
Property summary
AI-generated overview

This exceptional 3,148 square foot retail or restaurant space is located at 216 Washington Street in Auburn, California (95603). Situated on a 5,158 square foot lot, this single-tenant property boasts a prime location within Placer County, zoned C-2. The building, constructed in 1950, underwent a complete renovation in 2023, presenting a modern and updated interior ready for immediate occupancy. The property's Assessed Parcel Number (APN) is 004-011-039-000. The entire 3,148 square feet is currently vacant, offering a blank canvas for a new business venture. This property presents a unique opportunity for owner-users, given the inclusion of a Type-47 ABC liquor license, a valuable asset in Placer County due to its scarcity. The transfer of this license is facilitated, ensuring a smooth transition for the buyer. This turnkey property combines a desirable location with modern updates and a significant added value in the form of a readily transferable liquor license, making it an attractive investment opportunity. The property's ideal location and recent renovation make it an excellent choice for a variety of retail or restaurant concepts.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction TILT-UP CONCRETE
Total area 3,148 SF
Lot 0.12 ac (5,158 SF)
Zoning code C2
APN 004-011-039-000
UPID US09-7178537
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tio Pepe Mex Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cordero Family Trust · 8 yrs held
Cordero Family Trust
since 2017
5 recorded transactions
2017
Price N/A
2001
$400,000
1998
Price N/A
1990
$500,000
1969
Price N/A
Zoning & alternative use
C2 · Auburn, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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