1422 28th St - Storefront Retail/Office FOR SALE


Sacramento, CA 95816- Midtown Sacramento
$1,500,000 USD
916-224-1236
1422 28th St, Sacramento, CA for Sale
$1,500,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.04% Cap Rate

1422 28th St
Sacramento, CA 95816
Midtown Sacramento


OVERVIEW

Fully occupied four-suite Midtown Sacramento investment property offered at $1,500,000. The property generates $123,600 in annual scheduled rental income with a reported NOI of $90,600, representing an approximate 6.04% cap rate. Two tenants are currently on month-to-month agreements, providing potential future leasing or owner-user flexibility. The property includes seven dedicated parking stalls and is located near Sutter Health, Paragary’s and Capital City Freeway access. Seller financing may be available to qualified buyers.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-2 (SPD)

APN/PARCEL ID

007-0271-028

ASK ABOUT THIS PROPERTY

Kyle NicholsBrodovsky Commercial Real EstateMore Info
916-224-1236

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

Kyle NicholsBrodovsky Commercial Real EstateMore Info
916-224-1236

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