164 Main St., Jackson, CA 95642

Property Description

Located in the heart of Historic Downtown Jackson, this rare 1915 mixed-use four-unit commercial building presents a unique opportunity to own an iconic piece of California Gold Country. Offering approximately 4,376 square feet, the property combines historic brick-front architecture, flexible mixed-use functionality, and extensive modern upgrades completed over the past decade. The building consists of an established bar/commercial space, two apartment-style units that may be utilized for residential or commercial purposes and a vacant street-level commercial storefront with large display windows and prime pedestrian exposure. Positioned directly within Jackson's charming and highly visited downtown corridor, the property benefits from year-round tourism, community events, seasonal attractions, parades, classic car shows, holiday festivities, wine events, live music, and popular street fairs that draw visitors from throughout Northern California. Known for its quaint small-town atmosphere, walkable historic district, boutique shopping, restaurants, and rich Gold Rush history, Downtown Jackson continues to serve as a destination location within Amador County and the Sierra Foothills. With approximately 50% vacancy, the property offers strong value-add and income growth potential for investors or owner-users. Existing rents, on a month to month lease, combined with projected rental income from the vacant units contribute to an attractive stabilized cap rate opportunity based on conservative rental assumptions and flexible mixed-use potential. Financials available upon request. Permitted capital improvements and structural upgrades have been completed during the current ownership period, substantially reducing deferred maintenance concerns commonly associated with historic properties. Major renovations include new roofs and structural reinforcements, updated HVAC systems throughout, ADA-compliant restroom improvements, new electrical panels and updated wiring, sheetrock, insulation, flooring, remodeled kitchens and bathrooms, code-compliant rear exits, hallway reconstruction, sewer lines replacement, and additional modernization improvements completed between 2016 and 2025. Buyers are encouraged to verify all square footage, permits, zoning, and improvement records with the city. Do not miss this opportunity to become part of Jackson's rich history. All info deemed reliable but should be independently verified.