2009 N ST, Sacramento, CA 95811 – ML81985858 - Matt Cossell

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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

$2,050,000

Est. payment - /mo

5,900 SqFt

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UPDATED:

11/12/2024 06:05 PM

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $347

MLS Listing ID ML81985858

Year Built 2014

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 Sacramento Midtown

Zoning C-2

Interior

Heating Central Forced Air, Other

Cooling Central AC, Other

Flooring Concrete, Hardwood

Exterior

Garage On Street

Utilities Available Individual Electric Meters, Natural Gas, Public Utilities

Roof Type Composition,Metal

Present Use Commercial,Mixed,Multi-Family,Other

Building

Story 1

Foundation Steel Frame

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 007-0146-011-0000C

Security Features Security Alarm ,Security Lights

Special Listing Condition Not Applicable

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Listed by Kelly Rivett • Cornish & Carey Commercial

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971