645 5th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
645 5th St
12,800 SF Retail Building Lincoln, CA 95648 $1,995,000 ($156/SF)
Investment Highlights
- Located in the Heart of Downtown Lincoln
- Supported by an Abundance of Restaurants, Retailers, and Residential Dwellings
- 10 Beer Fermentation Tanks
- Traffic Counts in Excess of 25,000 Vehicles Per Day
- Historic Charm and Unique Architecture
- Fully Serviced Elevator
Executive Summary
The subject property is a historic 12,800-square-foot commercial building located on 0.15 acres in Lincoln, California. Originally constructed in 1864 as an Odd Fellows lodge, it has been repurposed over the years for various commercial uses, including Beermann’s Brewery, and most recently operated as Oliver's Brewhouse and Grill until May 2023. In 2000, the property underwent a multimillion-dollar renovation, bringing it up to current building codes. The extensive upgrades included structural, electrical, water, sewer, and HVAC improvements, as well as ensuring the building met ADA compliance standards. Situated just steps away from Lincoln Blvd, which experiences traffic from more than 25,000 vehicles per day (VPD), the property is currently configured as a restaurant/brewery with a spacious ballroom and event space, offering limitless opportunities for a new owner.
Spanning two stories with a loft on the third floor, this property is exceptionally versatile for a variety of commercial uses. Inside, it showcases custom woodwork that adds historic charm. The property boasts multiple well-equipped kitchens, including a prominent pizza oven, catering to culinary establishments aiming to offer authentic dining experiences. Additionally, there is a fully functional brewery including 10 beer fermentation tanks and an elevator. A unique cigar lounge provides an intimate setting for patrons. Operational efficiency is enhanced with 4 customer bathrooms and 2 employee bathrooms, along with 4 operational walk-in freezers for ample storage capacity. With 2 strategically located bars, the property is well-equipped to facilitate hospitality services and accommodate diverse business ventures.
Lincoln, CA, is experiencing strong growth in its residential sector, thanks to significant developments that are shaping its expanding community. Notably, Sun City Lincoln Hills, offering 6,783 residences with resort-style amenities for active adults, stands out. Meanwhile, ongoing projects like Bickford Ranch are introducing a mix of single-family homes and recreational facilities, aiming to provide 1,890 residential units. These initiatives highlight Lincoln's appeal as a growing residential destination, drawing families and retirees alike seeking community-oriented living with convenient urban access.
Strategically located within the Central Valley and in close proximity to Sacramento, Lincoln benefits from a thriving local economy and steady population influx. This favorable positioning supports local businesses and enhances the property's appeal to potential buyers interested in tapping into Lincoln's expanding market.
The subject property offers a distinct chance for an owner-user to purchase a versatile space formerly used as a restaurant and brewery. This property represents a compelling investment opportunity, blending historical significance, a strategic location, and robust residential market dynamics. It is perfectly suited for investors aiming to capitalize on Lincoln's growing residential population and lively community ambiance.
Spanning two stories with a loft on the third floor, this property is exceptionally versatile for a variety of commercial uses. Inside, it showcases custom woodwork that adds historic charm. The property boasts multiple well-equipped kitchens, including a prominent pizza oven, catering to culinary establishments aiming to offer authentic dining experiences. Additionally, there is a fully functional brewery including 10 beer fermentation tanks and an elevator. A unique cigar lounge provides an intimate setting for patrons. Operational efficiency is enhanced with 4 customer bathrooms and 2 employee bathrooms, along with 4 operational walk-in freezers for ample storage capacity. With 2 strategically located bars, the property is well-equipped to facilitate hospitality services and accommodate diverse business ventures.
Lincoln, CA, is experiencing strong growth in its residential sector, thanks to significant developments that are shaping its expanding community. Notably, Sun City Lincoln Hills, offering 6,783 residences with resort-style amenities for active adults, stands out. Meanwhile, ongoing projects like Bickford Ranch are introducing a mix of single-family homes and recreational facilities, aiming to provide 1,890 residential units. These initiatives highlight Lincoln's appeal as a growing residential destination, drawing families and retirees alike seeking community-oriented living with convenient urban access.
Strategically located within the Central Valley and in close proximity to Sacramento, Lincoln benefits from a thriving local economy and steady population influx. This favorable positioning supports local businesses and enhances the property's appeal to potential buyers interested in tapping into Lincoln's expanding market.
The subject property offers a distinct chance for an owner-user to purchase a versatile space formerly used as a restaurant and brewery. This property represents a compelling investment opportunity, blending historical significance, a strategic location, and robust residential market dynamics. It is perfectly suited for investors aiming to capitalize on Lincoln's growing residential population and lively community ambiance.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
12,800 SF
Building Class
C
Year Built
1864
Price
$1,995,000
Price Per SF
$156
Tenancy
Single
Building Height
3 Stories
Building FAR
1.96
Lot Size
0.15 AC
Zoning
C - Commercial
Frontage
64 FT on 5th St
Amenities
- Signage
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 008-146-001 | Improvements Assessment | $828,435 (2023) |
Land Assessment | $185,919 (2023) | Total Assessment | $1,014,354 (2023) |
PROPERTY TAXES
Parcel Number
008-146-001
Land Assessment
$185,919 (2023)
Improvements Assessment
$828,435 (2023)
Total Assessment
$1,014,354 (2023)
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
645 5th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.