17705 State Highway 49 14,000 SF 100% Leased Retail Building Plymouth, CA 95669 $3,000,000 ($214.29/SF) 4.03% Cap Rate

The Plymouth Opportunity: Immediate Returns Meet Long-Term Upside
Rarely does an investment opportunity present itself with such a compelling dual narrative: stable, institutional-quality cash flow from day one, combined with extraordinary long-term development potential in one of Northern California's most promising growth corridors.
Located at 17705 Highway 49 in Plymouth, California, this 14,442 SF commercial property with an approved 6+ acre development parcel represents the type of investment opportunity that buyers spend years searching for—and rarely find. For the discerning patient investor seeking to deploy capital into an asset that delivers immediate income while preserving substantial upside, this property checks every box.
The Immediate Value Proposition
This is a cash-flowing investment from the moment you close.
The property currently generates $141,044 in annual gross income across three established tenants who have chosen Plymouth as their permanent home. Ace Hardware anchors this center, in 7,000 square feet. Shenandoah Valley Veterinary Clinic occupies 1,692 square feet and provides specialized medical services to the community. Clean Energy rounds out the tenant roster with 5,700 square feet.
The numbers speak for themselves: With minimal operating expenses of just $20,000 annually, this property delivers a Net Operating Income of approximately $121,044. And you have 6 net acres for future development.
The Strategic Location Advantage
Plymouth isn't just any small town—it's positioned at the epicenter of Northern California's wine country expansion and recreational tourism boom.
Directly across Highway 49 from the property sits a brand-new casino development, bringing thousands of visitors and millions of dollars in economic activity to the immediate area. This isn't theoretical growth—it's happening now. The county's strategic planning documents project job growth averaging 1.7% annually through 2026, with housing production expected to increase 43% over historical averages to meet surging demand.
Plymouth offers the authentic wine country experience that today's tourists increasingly seek - boutique wineries, genuine hospitality, and natural beauty. As California's wine industry continues its eastward expansion, Plymouth and Amador County are capturing an ever-growing share of the agritourism economy.
The property's location on Highway 49, the primary north-south artery through the Gold Country, ensures maximum visibility and accessibility. This is not a hidden gem on a side street; this is frontage on the main commercial corridor of a town positioned for sustained growth.
The Hidden Gem: Development Potential
Accompanying the existing commercial buildings, there is a bonus 6+ acres of C2 Heavy Commercial zoned land. For the patient investor, this represents extraordinary optionality. As Plymouth continues its evolution from a quiet Gold Country town into a regional retail and tourism destination, demand for additional commercial space will inevitably rise.
The beauty of this investment structure is its flexibility: You don't need development to occur tomorrow for this to be an exceptional investment. The existing income pays you to wait. The market appreciation works in your favor with each passing year.
A Market in Transition
While some California markets have experienced volatility, Amador County's fundamentals remain strong. The county's economic forecasts project steady employment growth, particularly in retail, healthcare, and leisure/hospitality—exactly the sectors that drive demand for commercial space like this.
The Risk Profile: What You're NOT Buying
• Not a development project requiring immediate capital deployment and construction risk
• Not a repositioning play dependent on finding new tenants or renegotiating leases under pressure
• Not a speculative bet on unproven market trends or demographic shifts
• Not a value-add requiring hands-on management, construction expertise, or local market knowledge
You're buying income, stability, location, and optionality—the four pillars of institutional-quality commercial real estate investing.
The Path Forward
If Plymouth's growth trajectory accelerates—and all indicators suggest it will—rental rates will rise, the development parcel becomes increasingly valuable, and your $3,000,000 investment appreciates accordingly. If growth takes longer than projected, the existing $121,044 in annual NOI pays you to wait, while California real estate's long-term appreciation trend works in your favor.
This is the type of investment that allows you to sleep well at night while building wealth—a rare combination in today's commercial real estate landscape.