$685,000
$750,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
1.47 Acres Lot
SOLD DATE : 05/03/2023
Key Details
Sold Price $685,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81919657
Sold Date 05/03/23
HOA Y/N No
Year Built 1970
Annual Tax Amount $5,312
Lot Size 1.470 Acres
Property Description
Opportunity abounds with this property. Three separate buildings, not including a 2,178sqft storage structure in the back, a great deal of fenced vacant land that runs along Placerville Drive, measured at 16,280sqft, that could be used for a nursery, outdoor venue, a parking lot or possibly an additional structure, check with the city for zoning guidelines. The options are plentiful. The property is nowhere near its fullest potential with only one tenant occupying the metal frame retail/warehouse building at 3,450sqft and the high-loading dock and warehouse building at 1,920sqft. At 1,561sqft, the third building (550 Placerville Drive), made of contemporary wood framing, is purposed for a retail/office space but requires a renovation. This property needs extensive repairs, rehabilitation and a vision for what it truly can be when it reaches its best. Selling as-is with any work necessary already factored into the asking price.
Location
State CA
County El Dorado
Area 699 - Not Defined
Zoning C
Interior
Heating Central
Fireplace No
Exterior
Roof Type Metal,Shingle
Present Use Commercial
Total Parking Spaces 19
Building
Story 1
Others
Tax ID 323580001000
Financing Cash
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Bought with George Popescu
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