645 5th St Lincoln, CA 95648-1846

Property Details for 645 5th St

Year built

1864

Construction

TILT-UP CONCRETE

Lot size

0.15 lot acres

Property size

12,800 SF

Zone code

C1

Property type

Turn key restaurants

APN

008-146-001-000

APU

8146001000

Description

This exceptional 12,800-square-foot commercial property, located at 645 5th Street in Lincoln, California, presents a unique owner-user or investment opportunity. Originally built in 1864 and extensively renovated in 2000, this two-story building with a third-floor loft boasts a rich history, having served as an Odd Fellows lodge, Beermann's Brewery, and most recently, Oliver's Brewhouse and Grill (until May 2023). The 2000 renovation brought the property up to current building codes, including structural, electrical, plumbing, sewer, and HVAC upgrades, ensuring ADA compliance. The property sits on a 0.15-acre lot in a prime location, just steps from Lincoln Boulevard, a thoroughfare with over 25,000 vehicles per day. Currently configured as a restaurant/brewery, it features a spacious ballroom and event space, multiple well-equipped kitchens (including a pizza oven), a fully functional brewery with ten fermentation tanks, a cigar lounge, two bars, four customer bathrooms, two employee bathrooms, and four walk-in freezers. The building's custom woodwork adds to its historic charm. A fully serviced elevator enhances accessibility. Lincoln's strong residential growth, fueled by developments like Sun City Lincoln Hills and Bickford Ranch, creates a robust market for this versatile property. Its location in the Central Valley, near Sacramento, provides access to a thriving local economy and a growing population. This property offers a blend of historical significance, prime location, and strong market dynamics, making it an ideal investment for those seeking to capitalize on Lincoln's expanding residential sector and vibrant community. The property is zoned C and has an APN of 008-146-001-000. The asking price is $2,100,000.

Location Insight

City

Lincoln

County

Placer

State

California

Longitude

-121.292

Latitude

38.8916

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments