$1,300,000

7,000

square ft

22 West Main Street

Ione, California 95640

Active / MLS #224108464 / Commercial / Mixed Use / Ione

Listing information updated 12/19/2024 at 4:47pm

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.

Full Features

Lot Size:

0.25 acres

Acreage:

0.25

Built:

1933

Parking Spaces:

Cooling System:

Ductless

Roof:

Metal

Current Use:

Varies by Unit, Mixed Use

Business Use:

Commercial, Other

Zoning:

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

95640

City:

Ione

County:

Amador

Full Features Taxes & Assessments Location

Lot Size:

0.25 acres

Acreage:

0.25

Built:

1933

Parking Spaces:

Cooling System:

Ductless

Roof:

Metal

Current Use:

Varies by Unit, Mixed Use

Business Use:

Commercial, Other

Zoning:

Listing Office: eXp Realty of Northern CA

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