72 Commercial St. Portola, Ca
This stunning 1920s structure has been meticulously remodeled down to the studs, featuring new plumbing, electrical, (units include individual electric meters) drywall, windows, siding, flooring and heating and cooling units. With a unique live-work opportunity, the property boasts two commercial units on the first floor, each equipped with private bathrooms. A separate area provides additional storage and an employee break room, ensuring a functional space for any business. On the second floor, you’ll find a grand communal hallway leading to a beautifully appointed two-bedroom, 2 bath apartment in the western wing, and another similar unit in the eastern wing. But that’s not all—ascending to the third floor, you’ll discover a luxurious one-bedroom, 1 1/2 bath penthouse. To sweeten the deal, the buyer will receive a $20,000 credit to personalize the finishes to their liking. There are many reasons to choose Portola as your business and home. Explore Portola’s rich history celebrated at the Western Pacific Railroad Museum, providing a living museum experience that visitors can enjoy with family and friends. Be sure to explore the Williams House Museum and the Portola Visitors Center, while planning a day of fun at the City Park, take a dip at the Portola Swimming Pool, stroll along the Riverwalk, or enjoy a game of disc golf. The area is also home to several beautiful golf courses. For the outdoors enthusiasts the Sierra Buttes Trail Stewardships works tirelessly to restore, enhance, maintain, and connect rural mountain trails throughout Tahoe, Plumas and Lassen National Forest of the Lost Sierra. This incredible property currently generates $3,200 in monthly rental revenue, with the potential to increase an additional $1,500 per month for the penthouse once completed. Don’t miss this exceptional investment opportunity in a vibrant community!
Property Details
Price: $749,000
Address: 72 Commercial St.
City: Portola
State: CA
Zip: 96122
MLS#: 20241012
Address: 72 Commercial St.
City: Portola
State: CA
Zip: 96122
MLS#: 20241012
Beds: 4
Baths: 6
Square Feet: 4,881
Garage: none
Year Built: 1920
Status: Other
Baths: 6
Square Feet: 4,881
Garage: none
Year Built: 1920
Status: Other