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401 1st Ave 3,146 SF Industrial Building Sacramento, CA 95818 $1,350,000 ($429.12/SF)
EXECUTIVE SUMMARY
Mixed Use Development Opportunity
This project is entitled for 1 apartment complex consisting of 49 residential units and 1 retail commercial suite grouped around an open courtyard.
Lot Area: 28,175 SF (0.65 Acres)
Property located in a Qualified Opportunity Zone
Zoning Assessor: C-2 General Commercial
Previously entitled for:
- 49 Market Rate Residential Units/Max Height of Four (4) Stories
- 1 commercial retail suite
- 17 auto, 3 motorcycle parking stalls within on-site garage
- Common area mezzanine and open air courtyard
Close proximity to recent Residential Development in ‘The Mill at Broadway’
This project is entitled for 1 apartment complex consisting of 49 residential units and 1 retail commercial suite grouped around an open courtyard.
Lot Area: 28,175 SF (0.65 Acres)
Property located in a Qualified Opportunity Zone
Zoning Assessor: C-2 General Commercial
Previously entitled for:
- 49 Market Rate Residential Units/Max Height of Four (4) Stories
- 1 commercial retail suite
- 17 auto, 3 motorcycle parking stalls within on-site garage
- Common area mezzanine and open air courtyard
Close proximity to recent Residential Development in ‘The Mill at Broadway’
PROPERTY FACTS
| Price | $1,350,000 | Rentable Building Area | 3,146 SF |
| Price Per SF | $429.12 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1960 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 3.5/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 0.65 AC | Opportunity Zone |
Yes
|
| Zoning | M-1 | ||
| Price | $1,350,000 |
| Price Per SF | $429.12 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 0.65 AC |
| Rentable Building Area | 3,146 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 3.5/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
AMENITIES
- Fenced Lot
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 009-0237-017 | Improvements Assessment | $0 |
| Land Assessment | $838,884 | Total Assessment | $838,884 |
PROPERTY TAXES
Parcel Number
009-0237-017
Land Assessment
$838,884
Improvements Assessment
$0
Total Assessment
$838,884
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