183 Placerville Dr DrPlacerville, CA 95667

Property Details for 183 Placerville Dr Dr

Year built

1977

Lot size

0.46 AC

Property size (Sq ft)

7,200 SF

Property type

Other commercial real estate

Description

This exceptional 7,200 square foot commercial property, situated on a 0.46-acre lot at 183 Placerville Drive in Placerville, CA, presents a compelling investment opportunity. Currently boasting long-term tenants with favorable lease agreements including rollover options, this property offers immediate cash flow and significant upside potential. The building itself has undergone recent and substantial improvements, including a complete HVAC system upgrade, a new roof, fresh interior and exterior paint, and a renovated parking lot. Its prime location across from Raley's ensures high visibility and substantial foot traffic, maximizing exposure for current and future tenants. The spacious layout is ideal for an owner-user seeking to occupy a portion of the building while generating rental income from additional tenants. The property's excellent condition and strong tenant base make it a low-risk, high-reward investment. Owner financing options are available, making this an even more attractive proposition for qualified buyers. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Don't miss out on this chance to secure a stable and profitable investment. The asking price is $1,400,000.

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.7274

Longitude

-120.838

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