505 Lincoln Blvd., Lincoln, CA 95648
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505 Lincoln Blvd., Lincoln, CA 95648
505 Lincoln Blvd., Lincoln, CA 95648
505 Lincoln Blvd., Lincoln, CA 95648
505 Lincoln Blvd., Lincoln, CA 95648
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Angela Fraire

Angela Fraire

+1(916) 765-2939
$ 1,875,000
Est. payment /mo
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Active

505 Lincoln Blvd. Lincoln, CA 95648

6,760 Sqft Lot

UPDATED:

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
Angela Fraire

Angela Fraire

Real Estate Agent License ID: 1522444

+1(916) 765-2939

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505 Lincoln Blvd.

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