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251-253 Main St 3,100 SF Retail Building Placerville, CA 95667 $799,000 ($257.74/SF)
INVESTMENT HIGHLIGHTS
- Historic Main Street in Popular Old Town Placerville
- Lively Bar and Music Venue
- Popular Stop for Travelers
- Close to Freeway
- Heavy Foot Traffic Daily
- Full bar and Kitchen
EXECUTIVE SUMMARY
This is a rare opportunity to acquire an exquisite property located on Main Street, in the heart of Historic Downtown Placerville, also known as Old Hangtown. This charming area has historically been a popular stop for travelers heading to and from Lake Tahoe. The current business owner is willing to negotiate a lease with the new owner and is open to either continuing operations or selling the existing business. The interior has undergone stunning renovations, now featuring a stage and top-notch music equipment, which creates the perfect setting for live music. Additionally, the venue has expanded to include a full bar with an impressive selection of beer and wine, making it a versatile entertainment destination. The kitchen is well-equipped with an Ansul system, an oversized hood, and a walk-in cooler. There is also potential to introduce a food component to the current business model, presenting many opportunities for prospective owners. The space is fully ADA compliant, ensuring accessibility for all patrons. Convenient parking with signage is readily available along Highway 50, and there is additional storage space on the second floor. This property truly holds limitless potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,100 SF
Building Class
C
Year Built/Renovated
1886/2009
Price
$799,000
Price Per SF
$257.74
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.79
Lot Size
0.09 AC
Zoning
C - Commercial
Frontage
128’ on Main St
AMENITIES
- Signage
- Wheelchair Accessible
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
1 of 42
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Presented by
eXp Realty of California, Inc.
251-253 Main St
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