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5560 Palm Avenue - Banquet Hall, Sacramento, CA

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5560 Palm Avenue - Banquet Hall

SEQ Auburn Blvd & Garfield Ave
Sacramento, CA 95841-2910 - Orangevale/Citrus Hts Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1982
Building Size:22,431 SF Land Area:1.68 AC (73,181 SF)
For Sale Price:$2,699,999 Price/SF:$120.37
Cap Rate:-
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 4.23/1,000 SF
Features:Bus Line, Security System, Tenant Controlled HVAC
15,006 SF is available to occupy upon purchase.

Sale Notes:
Possible uses Church, Banquet Hall, previusly used as Skating Rink & Night Club.

Beautiful property for sale in Sacramento! The property is split between two units Unit A which is warehouse space and Unit B which is a beautiful banquet hall. This exquisite banquet hall is known throughout the Sacramento area as Palazzo La Dolce Vita. Property features fully equipped, state of the art kitchen, interior that is beautifully decorated with hand-painted ceiling, classy marble throughout, and gorgeous lighting enhancements. Other great features offered are newer roof, plumbing, HVAC, fire sprinklers. Not to mention great security systems and 1500 Amps of power! Unit A (warehouse space) is +/- 7,425 sf and Unit B (Banquet hall/Restaurant space) is approximately +/- 15,006 sf. Total Building +/- 22,431. Land +/-1.7acres. Unit A (warehouse space) leased out with new 5 year lease with rent increases every year!

Between Auburn and Garfield

Coldwell Banker Residential Brokerage
Arman Khachatryan
(916) 200-5446

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