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PRICE $1,700,000 BEDS 0 BATHS 0 HOME SIZE 12,081 sqft LOT SIZE 12,081.00 ac Request More Info Schedule a Showing

In the heart of downtown El Dorado stands a building that has quietly witnessed generations of growth, commerce and community. Crafted with enduring materials such as concrete and granite, this historic property reflects a time when buildings were designed to last and to matter. Its solid presence and thoughtful care over the years speak to both its past and it's promise. Today, the secure building offers 26 residential apartments with one- and two-bedroom layouts, complemented by a distinctive two-bedroom penthouse. A main-level office provides a dedicated space for on-site management, reinforcing the property's ease of operation. Consistently high occupancy and attentive maintenance underscore the stability of this long-standing asset. One of the most captivating spaces lies below, where an expansive basement centers around an original historic bar, preserved with character and charm. This level offers a rare opportunity to create an event venue potential. With all existing tenant leases transferring with the sale, this property offers more than a sense of history - it provides a solid, income-producing investment with enduring appeal and meaningful upside for its next steward.