24
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$2,050,000
Est. payment /mo
6,534 Sqft Lot
Active
2009 N ST Sacramento, CA 95811
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UPDATED:
11/12/2024 07:26 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81985858
HOA Y/N No
Year Built 2014
Annual Tax Amount $22,550
Lot Size 6,534 Sqft
Property Description
Newmark, as the exclusive advisor, is pleased to present a prime investment opportunity at 2009 N Street, Sacramento, CA, a fully leased, fee simple property promising stable returns in a thriving urban locale. Priced at $2,050,000 and an acquisition Cap Rate of 5%, this dynamic investment property boasts two distinct buildings: 2009 N ST- a colonial structure with three modern and renovated residential flats, and the other, 2009 Matsui Alley-Federalist Pizza- a trend-setting pizza restaurant and taproom within 7 creatively re-purposed shipping containers. The combination of robust residential leasing and a strong commercial presence provides investors with a balanced portfolio offering long-term stability and profitability. Don't miss the chance to own this exceptional investment property, perfectly positioned to capitalize on Sacramento's real estate growth and dynamic urban lifestyle.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning C-2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Composition,Metal
Present Use Commercial,Multi-Family
Building
Story 1
Water Public
Others
Tax ID 00701460110000C
Security Features Security Lights
Listed by Kelly Rivett • Cornish & Carey Commercial
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