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$ 1,800,000
Est. payment /mo
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4331 Attawa Sacramento, CA 95822
0.56 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82021686
HOA Y/N No
Year Built 1980
Annual Tax Amount $19,800
Lot Size 0.560 Acres
Property Description
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
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Metal
Present Use Commercial
Total Parking Spaces 15
Building
Story 2
Water Public
Others
Tax ID 01800530420000
Security Features Security Lights
Listed by Kelly Rivett Cornish & Carey Commercial
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