Property profile

216 Washington St Auburn, CA 95603

OFF-MARKET
Turn key restaurants
Property ID
US09-7178537
3,148 SF 0.12 ac lot Built 1950
Trust Owned 9-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant

Location

216 Washington St Auburn, CA 95603-5037
Auburn metro Census 20401 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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