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Ione,CA 95640
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224108464
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1933
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Historic Commercial Property! Rare Prime Investment Opportunity with excellent Cap rate groth potential. Located in the heart of historic Ione, home of iconic Preston Castle, this charming property offers a unique blend of residential and commercial income potential. Just steps from popular restaurants, shopping, and the iconic Preston Castle, this property is a rare investment opportunity. Features include: - A one-bedroom apartment, successfully operated as a temporary vacation rental with consistent bookings. - A studio apartment, also frequently rented as a temporary vacation rental. - A beautifully updated two-bedroom apartment, nearly complete and awaiting final permits. A convertible storage space, ideal for transforming into another rentable studio. - The commercial portion of the building is leased by a long-term tenant that recently renewed their 5 year lease, providing stable and reliable income. A welcoming lobby, beautiful patio, and 15 private parking spaces. With its prime location in the heart of Ione and a solid mix of commercial and residential spaces, this property presents an attractive investment opportunity. Ideal for investors seeking a combination of historic charm, stability, and long-term profitability.
Location
State CA
County Amador
Area 22001
Direction downtown Ione on main street
Location Details Neighborhood,Business Park,Downtown,Restaurant Nearby,Shopping Nearby,Hotel/Motel Nearby,Strip Center,Warehouse
Interior
Heating Ductless,Fireplace Insert,Natural Gas
Cooling Ductless
Flooring Tile,Carpet,Wood,Linoleum
Window Features Dual Pane Full,Weather Stripped,Window Screens
Exterior
Parking Features Private,Street
Utilities Available Separate Gas Meter,Separate Water Meter,Telephone,Internet Available,Master Water Meter,Natural Gas Connected
Water Access Desc Public
Roof Type Metal
Total Parking Spaces 15
Building
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 004-147-005-000
Special Listing Condition None