Property Details
About this Property
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.
MLS Listing Information
MLS #
ME224108464
MLS Source
MetroList Services, Inc.
Days on Site
40
Commercial Information
# Buildings / # Units
0
Loading Facility
DoorTruck, DoorDriveIn
Parking Spaces
15
Present Use
Mixed, Other
Utilities
Natural Gas Available, Other, Water - Public
Interior Features
Flooring
Carpet, Linoleum, Tile, Wood
Cooling
Other
Heating
Fireplace Insert, Gas - Natural, Other
Exterior Features
Roof
Metal
Parking, School, and Other Information
Sewer
Public Sewer
Water
Other, Public
Zoning
NC
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
25 Church St is a Commercial Sale in Ione, CA 95640. This 7,000 square foot property sits on a 0.25 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in –. This address can also be written as 25 Church St, Ione, CA 95640.
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This listing information is up-to-date as of September 27, 2024. For the most current information, please contact Mary Melville, (209) 418-5287
