Active

707 Natoma Street

Folsom CA, 95630

$2,100,000


$1,407.51 per sqft

Active

1,492 sqft

Commercial

Built in 1996

The MORE Real Estate Group as exclusive advisor, is pleased to present a prime investment opportunity in the Historic Folsom area! This meticulously maintained 2,730 +/- SF property consists of two buildings offering a long term Salon Suites concept. Building (1), featuring 1,500 +/- SF, was originally constructed in 1996 and fully renovated in 2020. It includes 6 private salon suites, reception and waiting area, restroom facilities, and a community kitchen. The suites feature 14 ft ceilings, laundry hookups, and large windows providing abundant natural light. Building (2) is a newly built 1,230 +/- SF structure completed in 2022, offering an additional 6 suites with 11ft ceilings, a small reception area, restrooms, and windows in every room. The lot provides 14 designated parking spots for tenants and guests as well as additional street parking, and full ADA accessibility. Located within the highly desirable Historic Folsom District, this property benefits from a strong rental history and offers investors a secure, turnkey asset in an affluent community.

224116426

MLS ID

October 30, 2024

Listed

November 22, 2024

Updated

Map

707 Natoma Street
Folsom CA, 95630

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.32 Acres


Roof

Composition


Sewer

Private Sewer

Other Property Details

Garage

No


Parking

Private


View

No


County

Sacramento


Pool

No


Zoning

C-1 PD

Courtesy of M.O.R.E. Real Estate Group, Brian Martell,
Listing Contact:  

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