MLS® ID: 19025309
4521 Orange Grove Avenue
Sacramento, California, 95841 $599,000
Marcus & Millichap is pleased to list exclusively a retail automotive center in Sacramento, CA. The property is a total of 8,950 rentable square feet on 0.58 acres of two separate parcels of land. This unique and rare opportunity has automotive use to either invest as income property and/or an owner-user opportunity. The adjacent building at 4520 Auburn Blvd. as part of the portfolio sold for $600,000 of 3,200 RSF on 7,405 SF lot. This automotive strip center has a total of five units remaining for sale. There are three units at 4500 Auburn Blvd of 5750 RSF on 14,420 SF lot and two units at 4521 Orange Grove Ave of 3,200 RSF on 10,980 SF lot. The tire shop is on a NNN lease to expire in July 2020 with no options. The rest of the leases are month-to-month with very high upside potential. It is conveniently located near the main freeway at a high traffic signalized intersection. Directly across the street is the sheriff's new location. SBA financing may qualify!