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Ella(Yan) Liang

liangsv@gmail.com +1(408) 656-9816

Listed by Kelly Rivett • Cornish & Carey Commercial, DRE#01249433

$1,600,000

Est. payment - /mo

15,125 SqFt

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UPDATED:

Key Details

Property Type Commercial/Industrial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 15,125 sqft

Price per Sqft $105

MLS Listing ID ML82021686

Year Built 1980

Lot Size 0.560 Acres

Property Sub-Type Commercial Property

Property Description

Price Reduced $200K-Seller Motivated! Newmark, as the exclusive advisor, is pleased to present for sale 4331 Attawa Avenue, a mixed-use office/light manufacturing building in Sacramento, California. Constructed in 1980, this metal building is comprised of roughly 15,125 SF on 2 levels, and is currently occupied by a multitude of office tenants, art studios, and a cider production facility. This property is 100% occupied with long term tenants on short term leases. The current acquisition cap rate is 6.3%. Huge rental income upside with an average lease rate at $0.91/SF. With in-place income, this buildings size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on Attawa Avenue, just south of Sacramento City College and Land Park, 4331 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. *4330 24th Street is also for sale and can be purchased separately or together. The buildings back up to each other and priced at $700,000

Location

State CA

County Sacramento

Zoning C-4

Interior

Heating Central Forced Air, Other

Cooling Central AC, Window / Wall Unit, Other

Exterior

Parking Features Assigned Spaces, Common Parking Area, Guest / Visitor Parking, Off-Street Parking, Parking Area

Utilities Available Master Meter

Roof Type Metal

Present Use Commercial,Industrial - Light,Office

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Restrictions None

Tax ID 018-0053-042-0000

Security Features Security Fence,Security Lights

Special Listing Condition Not Applicable

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Ella(Yan) Liang

+1(408) 656-9816

Realtor | License ID: 01933960

Realtor License ID: 01933960

4331 Attawa Sacramento, CA 95822

Ella(Yan) Liang

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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