$1,200,000

22 W Main St, Ione, CA 95640

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0.25 acres

Commercial Sale · Mixed Use · Built 1933 · 43 days on Properkey

Description

Historic Commercial Property! Rare Prime Investment Opportunity with excellent Cap rate groth potential. Located in the heart of historic Ione. This charming property offers a unique blend of residential and commercial income potential. Just steps from popular restaurants, shopping, and the iconic Preston Castle, this property is a rare investment opportunit A studio apartment, ans a beautifully updated two bedroom apartment, nearly complete and awaiting final permits. A convertible storage space, ideal for transforming into another rentable studio. The commercial portion of the building is leased by a long term tenant that recently renewed their 5 year lease, providing stable and reliable income. A welcoming lobby, beautiful patio, and 15 private parking spaces. With its prime location in the heart of Ione and a solid mix of commercial and residential spaces, this property presents an attractive investment opportunity. Ideal for investors seeking a combination of historic charm, stability, and long term profitability.

Agent & source

Listed by
Becky Melville
Brokerage
eXp Realty of Northern CA
DRE
#01998378
Email
[email protected]
MLS # 226111796 Source MetroList Services

Property details

Rooms & Layout

Levels
1 story

Property Features

Current Use
Varies By Unit, Mixed Use

Building & Construction

Construction Materials
  • Brick
  • Concrete
  • Stucco
  • Wood
Roof
Metal
Building Features
  • 1 Restroom Per Unit
  • Major Tenant
  • Multiple Tenant Building
  • Patio
  • Restroom(s)-Private
  • Restroom(s)-Public
  • Showroom
  • Extra Storage
  • Front Sign
  • Some Furnished Units
  • Suspended Ceilings
  • Hydrant(s)
  • Trade Fixtures
  • Individual Thermostat Control
  • Washer/Dryer Owned
  • Varies By Unit
  • Living Area in Building

Exterior & Parking

Parking
Private, Street

Interior & Comfort

Heating
Ductless, Fireplace Insert, Natural Gas
Cooling
Ductless
Flooring
  • Tile
  • Carpet
  • Wood
  • Linoleum
Windows
Dual Pane Full, Weather Stripped, Window Screens

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
  • Separate Gas Meter
  • Separate Water Meter
  • Telephone
  • Internet Available
  • Primary Water Meter
  • Natural Gas Connected

Nearby

Active Pending Closed Rental

School information not available for this property.

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All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 4:36 PM PT
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