
Folsom, CA 95630
This Versatile Mixed-Use Property is a Strong Value Opportunity, listed at $570,000—positioned well above the $521,709 Fair Market Value by 9%. Despite the premium, the property features a Mint Condition Rating with extensive modern upgrades, including a new roof, central HVAC, and a Tesla EV charger. Its Natoma Riley Bidwell Zoning allows for flexible residential or commercial use, while the 7,000 sqft lot provides rare parking and storage. This is an ideal acquisition for Small Business Owners or Investors seeking a turnkey, high-visibility asset in Historic Folsom.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 704 Natoma Street Subject | $570,000* List Price | 2 | 2 | 890 | $586 | - |
A 138 Cobble Ridge Drive Sold | $620,000 | 2 | 2 | 1,245 | $498 | 0.7 mi |
B 108 Austin Drive Sold | $590,000 | 3 | 2 | 1,207 | $489 | 0.7 mi |
C 841 School Street Active | $537,500 List Price | 2 | 1 | 906 | $593 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1936, the property has undergone a comprehensive recent renovation (likely within <5 years) including a new roof, central HVAC, tankless water heater, dual-pane windows, and updated electrical with a Tesla charger. The interior and exterior are in mint, move-in ready condition with no visible maintenance needs.
Located in the Natoma Riley Bidwell Subarea, the property's zoning allows for both residential and commercial uses, offering exceptional flexibility for business owners or investors.
Despite its historic 1936 charm, the property features a new roof, new paint, central HVAC, dual-pane windows, a tankless water heater, and a Tesla EV charger.
The 7,000 sqft lot includes a large paved rear area for ample guest or client parking, complemented by two additional secured storage sheds.
At only 890 square feet, the compact footprint may be restrictive for larger families or businesses requiring significant office space.
The list price of $570,000 represents a premium price per square foot, which may challenge buyers looking for more living area at this price point.
Office building with a ton of charm! This updated gem is located in the Natoma Riley Bidwell Subarea of Historic Folsom -- with zoning that allows for numerous residential and business/commercial type uses. With updated flooring, central heating and air, dual pane windows, tankless water heater, tesla electric vehicle charger, new paint, a new roof and more. The large paved rear lot provides ample parking for you or your guests. There are also 2 additional secured storage sheds. All this located near amazing public amenities, the River, the parkway, award-winning schools, shopping, nightlife, and more. Come and see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 2.0 | 2.7 |
| Square foot | 890 | 2,083.849 |
| Lot Size | 7,000 | 6,955.675 |
| Price | $570.0K | $776.4K |
| Price per sq ft | $640 | $390 |
| Built year | 1936 | 2000 |
| HOA | $0 | $171 |
| Days on market | 29 | 46 |
Aug 11, 2026
$570,000
Initial Listing
Mar 22, 2022
$490,000
Public Record