707-709 Natoma St - Storefront Retail/Office FOR SALE


Folsom, CA 95630
$2,100,000 USD
916-804-0908
707-709 Natoma St, Folsom, CA for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/38
null | 5.89% Cap Rate

707-709 Natoma St
Folsom, CA 95630


HIGHLIGHTS

  • Located within the highly desirable Historic Folsom District

OVERVIEW

The MORE Real Estate Group as exclusive advisor, is pleased to present a prime investment opportunity in the Historic Folsom area! This meticulously maintained 2,730 +/- SF property consists of two buildings offering a long term Salon Suites concept. Building (1), featuring 1,500 +/- SF, was originally constructed in 1996 and fully renovated in 2020. It includes 6 private salon suites, reception and waiting area, restroom facilities, and a community kitchen. The suites feature 14 ft ceilings, laundry hookups, and large windows providing abundant natural light. Building (2) is a newly built 1,230 +/- SF structure completed in 2022, offering an additional 6 suites with 11ft ceilings, a small reception area, restrooms, and windows in every room. The lot provides 14 designated parking spots for tenants and guests as well as additional street parking, and full ADA accessibility. Located within the highly desirable Historic Folsom District, this property benefits from a strong rental history and offers investors a secure, turnkey asset in an affluent community. Seller financing available. **Owner occupied. Do not disturb!** Please contact Brian Martell at 916.804.0908 OR Regan Martell at 916.904.0211 for private showings. **Please CC megan@themoreexperience.com on all offers!**

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$769 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

C1-PD

APN/PARCEL ID

070-0156-004

ASK ABOUT THIS PROPERTY

Brian MartellM.O.R.E. Real Estate GroupMore Info
916-804-0908

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Brian MartellM.O.R.E. Real Estate GroupMore Info
916-804-0908

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