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501 East Bidwell Street $2,195,000

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    501 East Bidwell Street Folsom, CA 95630

    • Commercial
    MLS# 19074498 | Active
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    Property Details

    Curve Commercial Real Estate are pleased to announce an exclusive opportunity to own a unique commercial property. A Motel & Mini Storage combine on one parcel. 501 E Bidwell St, Folsom, CA 95630 Operating as Folsom Lodge Motel and Mini-Storage is strategically located in the heart of the Folsom area's downtown retail sector. . The average household incomes within a 1-mile radius of the property are an astounding $131,654, and within 5-miles the average incomes are $124,394. The 2 stories motel building, and 3 single stories mini storage buildings combine are +/-20,695 SF and sits on +/-1.25 acres of land. The motel consists of 20 units (12 single king bed units renting at $70/night and 8 double full bed units renting at $80/night). Additionally, the property has 96 mini storage units (21- 5x10 units renting at $60/month, 35-10x10 units renting at $75/month, 40-10x20 units renting at $120/month).

    • General Features
      • Lease Terms Other-Rmks
      • Other Expenses Advertising Lic Perm, Supplies
      • Year Built 1964
      • County C-3 PD
    • Building Features
      • Air Conditioning Refrig Wall Units
      • Heat Furnace Wall
      • Amenities Extra Storage, Washer/Dryer Owned
      • Construction Frame, Masonry
      • Door None
      • Miscellaneous Sign Control
      • Roof Description Comp Shingle
      • Floor Carpet Wall to Wall, Tile
      • Exterior Concrete/Basalite, Stucco, Wood
    • Property Features
      • Location Restaurant Nearby, Shopping Cntr Nearby
      • Parking Uncovered

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    Neighborhood

    95630 (Folsom) Demographics

    40Median Age
    2,715Population Density (per sq. mile)
    57%College Educated
    $102,865 Estimated Median Income
    18,089Estimated Total Home Owners
    8,157Estimated Total Renters
    69% / 31%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    74,905Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $2,195,000
    10/29/2019 9:48:00 AM New in Database Source

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 11/12/2019 7:46:47 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use