200 Main St

200 Main St, Downieville, CA 95936

  • For Sale $745,000
  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 1947
  • Date Updated Dec 7, 2024
Mixed-use investment opportunity available in Downieville, along the Yuba! This meticulously maintained, 5,018 sq.ft. mixed-use building combines ground-floor retail space w/ three professionally managed Airbnb units on the upper level, each featuring one bed & one bath. Recent renovations include a new back facade, fresh paint throughout, upgraded plumbing, & new refrigeration & commercial equipment. The current owner operates the ground-floor retail spaces which include a cafe, ice cream parlor, wine bar, & beer garden-and is willing to lease this space for $2,000/month post-sale. The established third-party management company for the Airbnb units is also willing to continue under new ownership. With proforma revenue of approximately $90,000 per year from the Airbnb units, the total projected net operating income (NOI) for the property is $65,225 annually, reflecting an attractive 8.75% cap rate, which includes a 15% management fee for the Airbnb units. Located along Highway 49 in the Lost Sierra region of the Tahoe National Forest, Downieville is a historic mountain town founded in 1849. Nestled by the North Yuba & Downie rivers, it offers year-round attractions, w/ a charming downtown that includes accommodations, restaurants, shops, world-class mountain biking & art gallerie
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Coldwell Banker Grass Roots Realty

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent
  • Bike Score ®

    14/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Downieville, CA
  • Neighborhood Downieville
  • Zip Code 95936

Points of Interest

  • Cannon Point

    0.29 miles

  • Carriage House Inn

    0.03 miles

  • Riverside Inn

    0.05 miles

  • Downieville River Inn & Resort

    0.10 miles

  • Lure Resort

    0.88 miles

  • Sierra Shangri-la Hotel and Resort

    2.59 miles

  • Kokanee Kabins

    8.62 miles

  • Sierra Pines Resort

    9.92 miles

  • Grubstake Saloon

    0.06 miles

  • La Cocina De Oro Tqueria

    0.07 miles

  • Sierra Pines Resort Restaurant & Bar

    9.88 miles

  • Downieville Junior-Senior High School

    0.12 miles

Frequently Asked Questions

How much does 200 Main St cost?

The space currently listed for sale at 200 Main St asks for $745,000.

What is the total square footage of 200 Main St?

200 Main St totals 5,118 square feet.

When was this property built?

200 Main St was built in 1947.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Coldwell Banker Grass Roots Realty