24620 Main St Foresthill, CA 95631-9352
This exceptional commercial property at 24620 Main Street, Foresthill, CA, presents a rare opportunity to own a piece of history while capitalizing on significant commercial potential. The 3,218 square foot building boasts a unique dual-operation setup, currently configured as a bar and a restaurant. Each space offers its own distinct character and charm. One section of the building proudly displays its heritage, dating back to the 1800s, while the other section, constructed approximately 20 years ago, provides a more modern complement. This blend of historical significance and contemporary functionality creates a truly unique offering. The property sits on a 0.28-acre lot, providing ample space for potential expansion. A generous backyard area presents exciting possibilities for outdoor seating, additional building projects, or simply enhanced operational space. Located in the heart of historic downtown Foresthill, this property benefits from high visibility and convenient access to local amenities and a thriving community. Priced at $340,000, this is an investment opportunity not to be missed. The property's versatile layout and prime location make it ideal for a variety of commercial ventures, offering substantial returns for the discerning investor. Don't miss this chance to own a landmark property in a picturesque California town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Foresthill, CAForesthill. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.