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).
|--||New Value: $2,195,000|
|10/29/2019 9:48:00 AM|