1144 BroadwayPlacerville, CA 95667

  • Manufacturing properties
  • 4,045 SF
For Sale
$500,000 View listing

Property Details for 1144 Broadway

Year built
1860
Construction
TILT-UP CONCRETE
Lot size
0.14 AC
Property size (Sq ft)
4,045 SF
Zone code
CG
Property type
Manufacturing properties
APN
002-191-007-000
APU
2191007000

Description

This exceptional 4,045 square foot commercial property at 1144 Broadway in Placerville, California, presents a unique investment opportunity. Situated on a 0.14-acre lot, this historically significant building is currently undergoing a permitted conversion into a retail space, with significant progress already made. The ground floor commercial space is under construction, with framing, plumbing, and electrical work completed. A heating and air conditioning system is also installed. While insulation remains unfinished, the foundation for a thriving retail business is firmly in place. The upper level, sharing the 721 Main Street address, is also under permitted renovation, with rough framing, plumbing, and electrical completed. New owners can assume the existing permits for this section. This area offers the potential for residential use, featuring a deck and stairs leading down to a private, fully fenced 40x49 foot parking lot. A year-round creek adds to the property's unique charm and ambiance. The property's commercial zoning and prime Placerville location offer significant potential for a variety of uses, making it an attractive investment for discerning buyers. The combination of historical character and modern updates makes this a truly exceptional opportunity. The existing construction and permits significantly reduce the time and cost associated with bringing this property to its full potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $727,542
    Hospitality
    $666,425
    Educational
    $554,458
    Medical
    $573,526
    Retail
    $862,490

Location Insight

City
Placerville
County
El Dorado
State
California
Latitude
38.7308
Longitude
-120.79
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,497
$56,277
$54,399
$110,676
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