$300,000

3,218

square ft

24620 Main Street

Foresthill, California 95631

Active / MLS #224051145 / Commercial / Mixed Use / Foresthill

Listing information updated 5/29/2025 at 1:47pm

Turnkey Income with 8.12% Cap Rate - Bar & Restaurant Investment on Main Street. Located in the charming town of Foresthill, this fully leased mixed-use commercial building offers immediate cash flow with a cap rate of 12%. The property houses two established tenantsa bar and a restauranteach operating under leases with recent rent increases aligning with current market conditions.With an NOI of $36,100, this asset provides reliable passive income. The building is older but structurally sound, with future upside available through renovations or strategic tenant repositioning. Foresthill is a community with historic charm and steady local trafficperfect for long-term holding or as a value-add opportunity. Whether you're a seasoned investor or looking for a 1031 exchange, this Main Street gem delivers stability, upside, and income from day one.

Full Features

Lot Size:

0.2762 acres

Acreage:

0.2762

Built:

1890

Cooling System:

Central,Evaporative Cooler

Roof:

Shingle

Business Use:

Bar/Tavern/Lounge, Restaurant

Zoning:

Mixed Use

Minimum Ceiling Height:

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

95631

City:

Foresthill

County:

Placer

Full Features Taxes & Assessments Location

Lot Size:

0.2762 acres

Acreage:

0.2762

Built:

1890

Cooling System:

Central,Evaporative Cooler

Roof:

Shingle

Business Use:

Bar/Tavern/Lounge, Restaurant

Zoning:

Mixed Use

Minimum Ceiling Height:

Listing Office: Windermere Signature Properties Auburn

Disclaimer: All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. MetroList CA data last updated 5/29/2025 at 1:47pm.