For Sale
$750,000

400 Main StQuincy, CA 95971

Prime Downtown Location, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This stunning, two-story, 3,335 sq ft Class A executive office building at 400 Main Street, Quincy, CA, presents a unique investment opportunity. Originally constructed in 1903, this meticulously maintained property boasts original features like ornate ceilings, rich wood trim, and a historic bank vault, seamlessly blended with modern amenities. The ground floor includes two grand private offices, five office cubicles, a reception area with a night deposit vault, two bathrooms, and a conference room with a kitchenette. Upstairs, find an additional kitchenette, storage/IT room, and a utility room housing the HVAC system, on-demand water heater, and automatic generator. Nine parking spaces are available on the 6,970 sq ft lot, with ample street parking nearby. The building's C1 zoning and central location, one block from the Plumas County Courthouse and adjacent to dining and lodging, offer exceptional convenience. Currently under a four-year NNN lease with a $48,000 NOI and a 6.40% cap rate, this $750,000 sale/leaseback opportunity provides strong potential for return on investment. The property's historical significance and modern functionality create an unparalleled workspace or investment prospect in the heart of Quincy.

Highlights

  • High-traffic location with excellent visibility on a major thoroughfare.
  • Recently renovated interior with modern finishes and updated systems.
  • Ample on-site parking available for tenants and customers.
  • Flexible floor plan adaptable to a variety of business needs.
  • Strong tenant base with long-term leases in place.
  • Competitive rental rates offering excellent value.

Property Details for 400 Main St

Property type
Retail properties, Office properties
Square Feet
3,335 SF
Class
A
Year Built
1903
Buildings
1
Stories
2
Units
1

Location Insight

City
Quincy
County
Plumas
State
California
Latitude
39.9365608
Longitude
-120.9468409
400 Main St, Quincy, California

FAQs

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400 Main St
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