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Property Description
Rare Mixed-Use Commercial Opportunity on Historic Main Street Positioned at the highly visible corner of Main Street and Clay Street, this Victorian commercial property presents an exceptional opportunity for investors, entrepreneurs, and owner-users alike. With outstanding street frontage, strong daily traffic, excellent visibility, and walkable access to downtown shops, restaurants, and year-round events, this is one of Placerville's most recognizable commercial locations. Public parking lots are conveniently located directly across the street, while private owner parking is situated behind the building for added convenience. The ground floor offers a restaurant space featuring indoor dining, a commercial kitchen area, bar-top seating, a spacious storage room, lobby, and customer/staff restroom. A separate entrance provides the flexibility to divide the space into multiple businesses, professional offices, or additional income-producing suites. One of the property's most distinctive features is the expansive gated deck overlooking Main Streetan incredible setting for outdoor dining, live entertainment, private events, or expanded customer seating in the heart of downtown. Significant capital improvements provide added value and peace of mind, including HVAC systems replaced in 2020 and a new sewer line installed from the building to the city connection, making this a well-maintained investment both inside and out. The second floor includes flexible rooms/spaces and a half bathroom, creating endless possibilities for owner/manager living space, executive offices, creative studios, wellness or salon suites, professional services, meeting space, employee accommodations, or additional income opportunities (subject to local regulations). Whether your vision includes a restaurant, wine bar, brewery, caf, retail boutique, professional offices, or a multi-tenant investment property, this exceptional building offers remarkable flexibility in one of Placerville's most desirable commercial corridors. Commercial properties with this combination of historic character, Main Street frontage, private parking, detached, recent capital improvements, and flexible mixed-use potential rarely become available.
Full Property Details
Full Property Details for 589 Main St
General
- Price: $735,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226095999
- Updated: 7/31/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Bakery, Bed & Breakfast, Commercial, Deli, Restaurant
Interior
- Flooring: Tile, Carpet, Vinyl, Wood
Additional Information
- Other Features: Manager's Office, Meeting Facilities, Multiple Tenant Building, Patio, Refrigeration, Restroom(s)-Private, Restroom(s)-Public, Extra Storage, Kitchen Facilities, Living Area in Building
Parking
- Parking: Offsite
Location
- County: El Dorado
- Cross Streets: Clay
- Driving Directions: From U.S. Highway 50, take the Bedford Avenue exit toward Historic Downtown Placerville. Continue north on Bedford Avenue, then turn left onto Main Street. Travel approximately 0.2 miles. The property is located on the right-hand corner of Main Street and Clay Street, directly across from public parking and just east of Historic Downtown Placerville.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Internet Available
Structural Information
- Structure Type: Mixed Use
- Construction: Wood
- Foundation: Concrete
- Roof: Shingle
- Stories/Levels: 0
- Square Feet: 2,100
- Current Bldg. Use: Mixed Use, Other
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Frontage: City Street
- Irrigation System: None
- Topography: Level
- Present Use: Mixed Use, Other
- Zoning: Commercial General
- Lot Description: Low Maintenance, Private, Street Lights
Financial Considerations
- Tenant Pays: Other
- Tenant Expense: Other
Disclosures and Reports
- Special Conditions: None
- APN: 002-151-141-00
Listed by Vista Sotheby's International Realty
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Schools
Schools serving 589 Main St
| Name | Grades | Distance |
|---|---|---|
Sierra Elementary School, Placerville, CA 1100 Thompson Way, Placerville, CA 95667 | K-5 | 0.3 mi |
Louisiana Schnell Elementary School 2871 Schnell School Road, Placerville, CA 95667 | K-5 | 1.1 mi |
Edwin Markham Middle School 2800 Moulton Drive, Placerville, CA 95667 | 6-8 | 1.1 mi |
El Dorado High School 561 Canal Street, Placerville, CA 95667 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 589 Main St
Date
Details
Price
Change
Source
7/31/2026
Listed
$735,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 589 Main St
589 Main Street, Placerville, CA 95667 (MLS# 226095999) is a Single Family property with 0 bedrooms and 0 full bathrooms. 589 Main Street is currently listed for $735,000 and was received on July 31, 2026. Want to learn more about 589 Main Street? Do you have questions about finding other Single Family real estate for sale in Placerville? You can browse all Placerville real estate or contact a Coldwell Banker agent to request more information.

