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$2,100,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
11/01/2024 04:48 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224116426
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1996
Lot Size 0.321 Acres
Acres 0.3214
Property Description
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.
Location
State CA
County Sacramento
Area 10630
Direction Head southeast on Riley St toward Figueroa St then Turn right onto Natoma St
Location Details Neighborhood,Other
Interior
Heating Central
Cooling Central
Flooring Combo of Materials
Exterior
Parking Features Private, Exclusive
Utilities Available Cable Connected, Internet Available
Water Access Desc Meter Paid
Roof Type Composition
Building
Sewer Private Sewer
Water Meter Paid
Others
Senior Community No
Tax ID 070-0156-004-0000
Special Listing Condition Real Estate Owned
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Listed by M.O.R.E. Real Estate Group
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