401 1st Ave - Distribution FOR SALE


Sacramento, CA 95818- Upper Land Park
$1,350,000 USD
916-821-9866
401 1st Ave, Sacramento, CA for Sale
$1,350,000 USD
Distribution - FOR SALE
1/2
null | Request Cap Rate

401 1st Ave
Sacramento, CA 95818
Upper Land Park


OVERVIEW

Mixed Use Development Opportunity This project is entitled for 1 apartment complex consisting of 49 residential units and 1 retail commercial suite grouped around an open courtyard. Lot Area: 28,175 SF (0.65 Acres) Property located in a Qualified Opportunity Zone Zoning Assessor: C-2 General Commercial Previously entitled for: - 49 Market Rate Residential Units/Max Height of Four (4) Stories - 1 commercial retail suite - 17 auto, 3 motorcycle parking stalls within on-site garage - Common area mezzanine and open air courtyard Close proximity to recent Residential Development in ‘The Mill at Broadway’

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$429 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.65

LAND SF

28,183

ZONING

M-1

APN/PARCEL ID

009-0237-017

ASK ABOUT THIS PROPERTY

David HerreraColliersMore Info
916-821-9866

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

David HerreraColliersMore Info
916-821-9866

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