$1,100,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 04/10/2024
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223080451
Sold Date 04/10/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1959
Lot Size 0.321 Acres
Acres 0.3214
Property Description
Exceptional commercial opportunity in Historic Folsom. Located at 502 Riley Street, this property is situated along a major thoroughfare with traffic count above 20,000 according to a 2017 study. Offering a generous 3400 square feet of Gross Living Area, this property offers a myriad of use possibilities including a freestanding preschool or daycare. Currently zoned R-4 for preschool use up to 40 children, this zoning is grandfathered'' in to ensure seamless operations. Accessibility is very convenient with two driveways, ingress on Mormon and egress on Riley. Ample parking on site with 9 designated spaces marked for visitors and up to 5 alley spaces marked for staff members. Beyond its practicality, the property's curb appeal is enhanced by low-maintenance vinyl siding, preserving its classic charm while minimizing upkeep demands. Moreover, the vast shaded playgroup area offers a safe and enjoyable space for children to explore and play. Don't miss this extraordinary opportunity to own this exceptional property and secure a piece of historic Folsom.
Location
State CA
County Sacramento
Area 10630
Direction From Greenback and Folsom Auburn Road take Greenback Lane to the cross over the Rainbow Bridge and then Take Riley street two blocks pass Sutter Street to right on Mormon St to left to the subject property
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Other
Exterior
Garage Uncovered
Utilities Available Other
Water Access Desc Public
Total Parking Spaces 10
Building
Lot Description Other
Story 2
Foundation Other, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Folsom-Cordova
Middle Schools Folsom-Cordova
High Schools Folsom-Cordova
School District Sacramento
Others
Senior Community No
Tax ID 070-0155-012-0000
Special Listing Condition None
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Bought with eXp Realty of California Inc.
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Realtors | Lic# 01985645