2716 Coloma StPlacerville, CA 95667

Property Details for 2716 Coloma St

Year built

1953

Lot size

0.95 AC

Property size (Sq ft)

3,330 SF

Property type

Other commercial real estate

Description

This exceptional commercial property, located at 2716 Coloma Street in Placerville, California, presents a unique investment opportunity. The 3,330 square foot property sits on a 0.95-acre lot and boasts a prime commercial location with excellent frontage on busy Coloma Street, near the heart of downtown Placerville. A significant advantage is the built-in income stream generated by an existing tenant, Waterfall Salon, currently occupying a portion of the building. The second building offers substantial unoccupied office space, perfect for expansion or additional rental income. This space includes five private offices, a reception area, two bathrooms, a large storage area, and a spacious loft with a third bathroom. The property's strategic location and the potential for increased rental income make this an attractive proposition for investors seeking a stable return and entrepreneurs looking to establish or expand their business. The combination of existing income and the potential for further development makes this a truly compelling investment opportunity in a thriving downtown area. The property's size and layout offer flexibility for a variety of commercial uses. Don't miss this chance to acquire a prime commercial property with immediate income potential and significant upside.

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.7367

Longitude

-120.81

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