7349 Fair Oaks Blvd - Retail FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$795,000 USD
916-837-3456
7349 Fair Oaks Blvd, Carmichael, CA for Sale
$795,000 USD
Retail - FOR SALE
1/23

7349 Fair Oaks Blvd
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • Automotive repair owner/user opportunity
  • ±1,760 SF building + 400 metal garage on 1/2-acre corner parcel
  • Three drive-through service bays with two hydraulic lifts
  • ±265 feet of street frontage with strong visibility
  • Over 43,000 vehicles per day
  • Large pole signage facing Fair Oaks Blvd

OVERVIEW

This ±1,760 square foot automotive repair facility on 1/2-acre parcel offers a rare owner/user opportunity in highly visible infill location. The property has operated as an automotive repair shop for the past 25 years and features an office, waiting room, two restrooms, 400 square foot metal garage (rear of building), three drive-through service bays, two hydraulic lifts, fully fenced security gates and parking for well over 30 vehicles. Positioned on the hard corner of Fair Oaks Blvd & Gibbons Drive with approximately 265 feet of street frontage, large pole signage and exposure to approximately 43,427 cars per day, the site benefits from excellent visibility within Carmichael’s established "Main Street" corridor near neighborhood retail, restaurants, and major employment centers. The property is currently occupied on a month-to-month basis by Japanese Only (since July 2000), offering flexibility for an owner/user or investor, and has been under the same ownership for approximately 40 years. Tenant currently pays below market rent of $2,580 per month plus electricity, water and garbage. The site was originally developed as a Texaco Service Station. Underground fuel tanks were previously removed and a September 2000 Phase II subsurface investigation reported soil contamination that was never remediated. Ideal acquisition for automotive repair shop operator with all cash or private financing.

FOR SALE DETAILS

PRICE

$795,000 USD

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Automotive Repair Shop - Owner/User

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

LC

APN/PARCEL ID

258-0060-057

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 Notice.