601 Main StPlacerville, CA 95667

Property Details for 601 Main St

Year built

1973

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

4,752 SF

Zone code

CG

Property type

Office properties

Property subtype

Office buildings

APN

002-153-003-000

APU

2153003000

Description

This exceptional executive office building, located at 601 Main Street in the heart of historic Placerville, California, presents a unique investment opportunity. The 4,752 square foot building, constructed in 1973, sits on a 0.17-acre lot (APN 002-153-003-000) and boasts 3,552 square feet of net rentable space. Zoned for the Central Business District (CBD), this single-story property offers unparalleled visibility and accessibility. Its prime location next to the Ivy House and ample public parking ensures high traffic and convenient access for tenants and clients. The building is ideally suited for an owner-user seeking approximately 3,552 square feet of fully updated office space, or for an investor looking for a low-maintenance asset with a history of full occupancy. The asking price is $995,000, translating to $209 per square foot. The property benefits from its proximity to numerous restaurants, services, and amenities, including the County Courthouse, all within walking distance. Easy access to Highway 50 further enhances its appeal. Monument signage is available, and plentiful parking, including up to two hours of free parking, is a significant advantage. This is a rare chance to acquire a highly visible and influential property in a well-established, historic area of Placerville.

• CAP approach

  CAP return

  Valuation

  6%

  $746,718

  6.5%

  $689,278

  7%

  $640,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $653,690

  Geo Method

  $678,491

• Alternative Use

  Use

  Valuation

  Residential

  $854,705

  Hospitality

  $782,905

  Educational

  $651,368

  Medical

  $673,769

  Retail

  $1,013,239

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.7293

Longitude

-120.796

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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