22 West Main Street, Ione, CA 95640

$1,200,000

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List Price
$1,200,000
MLS#
226111796
Status
ACTIVE
Type
Single Family Residential
Zip
95640
City
Ione

Property 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.

Additional Information

Land Area (Acres)
0.25
Year Built
1933
Subtype
Mixed Use
Construction
Brick, Concrete, Stucco, Wood
Stories
1
Garage
Private, Street
Floor Coverings
Tile, Carpet, Wood, Linoleum
Cooling
Ductless
Heat
Ductless, Fireplace Insert, Natural Gas
Water
Public
Utilities
Separate Gas Meter, Separate Water Meter, Telephone, Internet Available, Primary Water Meter, Natural Gas Connected
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty of Northern CA.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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