707 Natoma StFolsom, CA 95630

Property Details for 707 Natoma St

Year built

1996

Lot size

0.32 AC

Property size (Sq ft)

1,492 SF

Property type

Other commercial real estate

Description

This exceptional investment opportunity in Folsom's Historic District presents two meticulously maintained buildings totaling over 2,730 square feet, operating as a successful salon suite complex. Building one, a 1,500 square foot structure originally built in 1996 and completely renovated in 2020, houses six private salon suites. Amenities include a welcoming reception and waiting area, restrooms, a shared kitchen, and 14-foot ceilings in each suite. Large windows provide ample natural light, and each suite offers convenient laundry hookups. The second building, a newly constructed 1,230 square foot structure completed in 2022, adds six more suites, each boasting 11-foot ceilings and abundant natural light from windows in every room. This building also includes a smaller reception area and restrooms. The property sits on a 0.32-acre lot and provides fourteen designated parking spaces for tenants and guests, supplemented by ample street parking. The property is fully ADA accessible. This turnkey investment boasts a strong rental history and is situated in a highly desirable, affluent area, offering investors a secure and profitable asset within the vibrant Historic Folsom District. The property's size is approximately 2,730 square feet, situated on a 0.32-acre lot in Folsom, California. The asking price is $2,100,000.

Location Insight

City

Folsom

County

Sacramento

State

California

Latitude

38.6749

Longitude

-121.175

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