505 Lincoln Blvd., Lincoln, CA 95648
505 Lincoln Blvd., Lincoln, CA 95648
505 Lincoln Blvd., Lincoln, CA 95648
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$1,875,000
Est. payment /mo
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6,760 Sqft Lot
Active

505 Lincoln Blvd. Lincoln, CA 95648

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226080404

HOA Y/N No

Year Built 1876

Lot Size 6,760 Sqft

Acres 0.1552

Property Sub-Type Retail

Source MLS Metrolist

Property Description

This is a 6,900 square foot historic mixed-use building occupying the hard corner of Lincoln Blvd and 5th Street in downtown Lincoln an assemblage trading as a single parcel with multiple street addresses and independent rentable bays. The building dates to 1900 and carries the character buyers cannot manufacture: original brick, transom glass, corner presence, and a tenant-mix flexibility that modern product cannot replicate. Priced at $1,875,000, the asset trades at roughly $272 per square foot against replacement cost materially higher and against downtown Placer County comparables that routinely clear $300+ per foot once modernized. The deferred maintenance and cosmetic updates are knowable, scopeable, and contained not structural. Execute a disciplined capital plan across 12 to 18 months and the asset resets to a $2M+ stabilized basis with in-place income supporting a refinance or a clean disposition. This is a craftsman's deal, not a home run the margin is earned, not gifted.

Location

State CA

County Placer

Area 12201

Direction Lincoln Blvd. and 5TH Street.

Location Details Business Park,Public Transportation Nearby,Downtown,Railroad Spur,Restaurant Nearby,Shopping Nearby,Strip Center

Interior

Heating Central

Cooling Central, Wall Unit(s)

Flooring Combo of Materials

Exterior

Parking Features Private, Common Area Shared, Public, Street

Utilities Available Varies by Unit

Water Access Desc Meter on Site

Roof Type Composition

Road Frontage City Street

Building

Story 2

Sewer Public Sewer

Water Meter on Site

Others

Senior Community No

Tax ID 008-145-010

Special Listing Condition Other


MetroList® Services, Inc
Listed by HPM

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate License ID: 01969248

+1(209) 418-0238

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505 Lincoln Blvd.