1439 Arcade Blvd - Freestanding FOR SALE


Sacramento, CA 95815
$339,000 USD
916-837-3456
1439 Arcade Blvd, Sacramento, CA for Sale
$339,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

1439 Arcade Blvd
Sacramento, CA 95815


OVERVIEW

Owner/User opportunity in Sacramento Green Zone. Currently occupied by seller for use as cannabis delivery company, but now closing the business due to high competition and reduced consumer demand. +/- 1,800 SF free-standing building located in the City of Sacramento. Situated on three C-2 (General Commercial) zoned parcels comprising 0.12 acre (combined), with convenient access from both Arcade Blvd and Ermina Drive. Traffic counts of 11,591 vehicles per day. Close to both I-80 (1/3 mile) and Capital City Freeway (less than 1/4 mile). New 32-unit apartment project with 13,000 SF of ground floor retail coming soon directly across the street (in between the subject property and Marysville Blvd). The building underwent extensive renovations by seller in 2018 for use as a non-storefront cannabis dispensary, including new 5-ton HVAC unit, ADA-compliant restroom, exterior stucco and secured parking, plus high-end security camera and alarm systems. Constructed with concrete block and wood frame, the building features a combination of pitched and flat roofs with 10-foot interior ceilings.

FOR SALE DETAILS

PRICE

$339,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Owner/User Retail/Office Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-2

APN/PARCEL ID

251-0324-012,251-0324-013,251-0324-024

ASK ABOUT THIS PROPERTY

Brian JacksJACKS Commercial Real EstateMore Info
916-837-3456

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Brian JacksJACKS Commercial Real EstateMore Info
916-837-3456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.