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97 Natoma St 3,862 SF 100% Leased Retail Building Folsom, CA 95630 $1,884,492 CAD ($487.96 CAD/SF)
INVESTMENT HIGHLIGHTS
- Located on a prominent corner in Folsom
- Both HVAC units recently replaced
- Both leases have recently been extended
- New roof in 2024
- Brand new improvements in restaurant space brand new equipment
EXECUTIVE SUMMARY
Colliers is pleased to present this one of a kind Leased Investment opportunity to acquire 97 Natoma St, which is a single-story, 3,862 SF multi-tenant retail building, located in Folsom CA.
The building is leased to Poppy's Bar & Que Restaurant and Folsom City Ink, both well-known, established local tenants. The restaurant and bar's strong local following stems from the previous long-term tenancy of Folsom Dam Bar.
The subject property is located in the heart of Folsom, close in proximity to Historic Folsom, Folsom Lake, Lake Natoma, and the Palladio.
The building is leased to Poppy's Bar & Que Restaurant and Folsom City Ink, both well-known, established local tenants. The restaurant and bar's strong local following stems from the previous long-term tenancy of Folsom Dam Bar.
The subject property is located in the heart of Folsom, close in proximity to Historic Folsom, Folsom Lake, Lake Natoma, and the Palladio.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,862 SF
Building Class
B
Year Built/Renovated
1985/2024
Price
$1,884,492 CAD
Price Per SF
$487.96 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC
Zoning
C2, Folsom
Parking
20 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 071-0251-006 | Improvements Assessment | $308,026 CAD |
| Land Assessment | $616,059 CAD | Total Assessment | $924,086 CAD |
PROPERTY TAXES
Parcel Number
071-0251-006
Land Assessment
$616,059 CAD
Improvements Assessment
$308,026 CAD
Total Assessment
$924,086 CAD
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97 Natoma St
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