Berkshire Hathaway HomeServices Divine Properties
Listed by Berkshire Hathaway HomeServices Divine Properties
$699,000
160-164 Main St.
Details
Property Type Retail
Sub Type Storefront
Year Built 1915
Stories 2
Acreage 0.129
Retail
Marketing description
Uncover the potential of this prime retail investment opportunity in the heart of Jackson, CA. Featuring a 4,376 SF building with 4 units, this property presents a compelling prospect for retail investors. Built in 1915 and renovated in 2016, the historic charm is seamlessly blended with modern updates. Zoned Commercial and boasting 50% occupancy, this property offers an immediate opportunity for revenue generation. With its strategic location in the bustling Jackson area, this investment promises high visibility and accessibility for retail businesses looking to thrive in this vibrant community. Don't miss the chance to be part of this dynamic commercial landscape with this exceptional property.
Investment highlights
- Rare 1915 mixed-use commercial building in the heart of Historic Downtown Jackson
- Approx. 4,376 sq. ft. with four income-producing units
- Iconic brick-front architecture full of Gold Country character and charm
- Flexible mixed-use layout ideal for investors, owner-users, retail, office, hospitality, or residential conversion potential
- Established bar/commercial tenant already in place
- Two apartment-style units suitable for residential or commercial use
- Vacant street-level storefront with large display windows and prime pedestrian visibility
- Located directly within Jackson’s highly trafficked downtown corridor
- Benefits from year-round tourism, parades, wine events, classic car shows, live music, holiday events, and street fairs
- Surrounded by boutique shopping, restaurants, entertainment, and historic attractions
- Approximately 50% vacancy creates immediate value-add and income growth opportunity
- Existing month-to-month leases provide flexibility for repositioning or owner occupancy
- Strong upside potential with attractive projected stabilized cap rate opportunity
- Extensive permitted renovations and modernization completed between 2016-2025
- Major capital improvements substantially reduce deferred maintenance concerns
- Upgrades include new roofs, structural reinforcements, HVAC systems, electrical panels, wiring, sewer lines, flooring, insulation, and sheetrock
- ADA-compliant restroom improvements and code-compliant rear exits completed
- Remodeled kitchens and bathrooms throughout select units
- Hallway reconstruction and additional modernization improvements already completed
- Prime opportunity to own a landmark property in California’s historic Gold Country
- Financials available upon request
- Centrally located within Amador County and the Sierra Foothills destination market
- Excellent potential for long-term appreciation and diversified income streams
- Rare opportunity to become part of Jackson’s rich historic downtown legacy
Listing Contacts
Berkshire Hathaway HomeServices Divine Properties
Listed by Berkshire Hathaway HomeServices Divine Properties
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