200 Main St - Storefront Retail/Residential FOR SALE


Downieville, CA 95936
$729,000 USD
530-272-7222
200 Main St, Downieville, CA for Sale
$729,000 USD
Storefront Retail/Residential - FOR SALE
1/74
null | Request Cap Rate

200 Main St
Downieville, CA 95936


HIGHLIGHTS

  • Prime Location & Appeal: Situated in historic Downieville on the Yuba River, with year-round attractions in the scenic Tahoe National Forest.
  • Diverse Revenue Streams: Mixed-use property featuring retail space and three professionally managed Airbnb units.
  • Turnkey Condition: Recently renovated with new facade, fresh paint, upgraded plumbing, and commercial equipment.
  • Highway 49 Access: Positioned in the growing Lost Sierra region, appealing to tourists and outdoor enthusiasts year-round.

OVERVIEW

Mixed-use investment opportunity available in Downieville along the Yuba River! This meticulously maintained, 5,018 sq.ft. mixed-use building combines ground-floor retail space with three professionally managed Airbnb units on the upper level, each featuring one bed and one bath. Recent renovations include a new back facade, fresh paint throughout, upgraded plumbing, & new refrigeration & commercial equipment. The current owner operates the ground-floor retail spaces, which include a cafe, ice cream parlor, wine bar, & beer garden-and is willing to lease this space for $2,000/month post-sale. The established third-party management company for the Airbnb units is also willing to continue under new ownership. With proforma revenue of approximately $90,000 per year from the Airbnb units, the total projected net operating income (NOI) for the property is $65,225 annually, reflecting an attractive 8.9% cap rate, which includes a 15% management fee for the Airbnb units. Located along Highway 49 in the Lost Sierra region of the Tahoe National Forest, Downieville is a historic mountain town founded in 1849. Nestled by the North Yuba & Downie rivers, it offers year-round attractions, with a charming downtown that includes accommodations, restaurants, shops, world-class mountain biking & art galleries

FOR SALE DETAILS

PRICE

$729,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Carriage House Lofts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CR

APN/PARCEL ID

003-102-001-0

ASK ABOUT THIS PROPERTY

Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

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Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.