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Key Details
Sold Price $1,565,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20070094
Sold Date 06/14/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1991
Lot Size 1.000 Acres
Acres 1.0
Property Description
Slate Creek Center is situated on a beautiful 1 acre parcel with a 14,648 sq ft office building that includes 7 office suites and 55 parking spaces. It contains 1,044 sq ft of lobby space with a utility room. The net rental space is apprx 13,576 sq ft. The Cap Rate is currently 6.49 % with long term tenants. When fully occupied the Cap Rate is 8.5%. Great location with a large monument sign on a very high traffic road, near highway 50, shopping, schools and residential neighborhoods.
Location
State CA
County El Dorado
Area 12603
Direction From Sacramento: take Highway 50 East, Take Exit 37 for South Shingle Road, Continue East on Mother Lode Drive and turn right at Slate Creek Center at 4140 Mother Lode drive. From Placerville: Take Highway 50 West, Take Exit 37 to Ponderosa Road, Turn Left on South Shingle Road, Turn Left on Mother Lode Drive and turn right at Slate Creek Center at 4140 Mother Lode drive.
Location Details Restaurant Nearby,See Remarks
Interior
Heating Central
Cooling Central
Flooring Combo of Materials
Exterior
Garage Uncovered, See Remarks
Utilities Available Internet Available
Water Access Desc Public
Roof Type Flat,See Remarks
Road Frontage Highway Frontage
Total Parking Spaces 55
Building
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 090-430-027-000
Special Listing Condition None
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Bought with Realty ONE Group Complete
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935