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Landmark Commercial, Fine Dining,Event Center 2021 Smith Flat Rd

11,000 SF 100% Leased Office Building Placerville, CA 95667 £2,034,370 (£185/SF)

Investment Highlights

  • Famous historic property
  • Theater, Cellar Saloon, and Gold Mine
  • Extra building pad, and 2 bedroom house
  • Building with 2 kitchens
  • Award winning courtyard

Executive Summary

Own your own piece of History-THE HISTORIC SMITH FLAT HOUSE is for sale. Currently a restaurant and event center with office space, event gazebo and courtyard, historic barn and residence. The famous 3 story building was built in 1853. Remodeled in 2007 with all new plumbing and electrical, quality labor and materials. Most of the original building is still intact with extensive structural modification to the foundation, walls and roof system. Added, communication and control wiring, security system and fire sprinklers, phone, internet hard wire and drainage systems throughout the property. The site includes 2 commercial kitchens with hoods, Coffee shop (not currently in use), 4 bars (main bar is in the cellar), Theater/Dancehall, Offices, steam room and sauna. Also added was a lovely out side patio with Gazebo with removable glass panels, fountain, landscaping and outside bar. Most exterior stone wall are original and most windows and doors kept in same location. The Historic Freight Barn is about 3600 sq ft and built in 1863 with original cobblestone floors. 70 parking spaces with 30 paved. An additional 5000 sf building pad with utilities stubbed. A residence is included 950 sq ft 2 bdrm 1 bath. Endless possibilities....

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,000 SF
Building Class
C
Year Built/Renovated
1853/2007
Price
£2,034,370
Price Per SF
£185
Percent Leased
100%
Number of Floors
3
Typical Floor Size
11,000 SF
Building FAR
0.14
Lot Size
1.80 AC
Zoning
Commercial - Commercial Zoning
Parking
70 Spaces (6.36 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Fitness Centre
  • Food Service
  • Pond
  • Restaurant
  • Security System
  • Signage
  • Kitchen
  • Accent Lighting
  • Reception
  • Basement
  • Bicycle Storage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Shower Facilities
  • Wi-Fi
  • Outdoor Seating
  • Fire Pits
  • Air Conditioning
  • Balcony

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Smith Flat House Cellar and Grill
  • Accommodation and Food Services
  • 6,000 SF
  • -
  • NNN
  • Sep 2022
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Smith Flat House Cellar and Grill Accommodation and Food Services 6,000 SF - NNN Sep 2022

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048-240-014-000
Land Assessment
£160,421
Improvements Assessment
£570,332
Total Assessment
£730,753
  • Listing ID: 28288485

  • Date on Market: 31/08/2022

  • Last Updated:

  • Address: 2021 Smith Flat Rd, Placerville, CA 95667

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