For Sale
$995,000

2850 47Th AveSacramento, CA 95822

High-income, turnkey investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 4,224-square-foot auto repair facility situated on a 16,700-square-foot lot in Sacramento, CA. The property, built in 1964, boasts a single-story building with four dock-high doors and ample parking for approximately 20 vehicles. Currently leased to Precision Automotive Service under a NNN lease with a monthly income of $5,500, the lease has a remaining term of 3.8 years, expiring August 31, 2028, with a five-year option to extend until August 31, 2033. The asking price is $995,000, translating to $235.56 per square foot. The property is zoned M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4), allowing for a variety of commercial or auto repair uses. This turnkey investment offers a stable income stream from a long-term tenant in a prime Sacramento County location, benefiting from regional development. The property's APN is 036-0182-005-0000. This presents a secure investment with potential for future appreciation and flexibility in usage. The property is a single-unit building with a total of 4,224 net rentable square feet. Access requires prior arrangement.

Highlights

  • Sacramento County light industrial property zoned for commercial or auto repair use within an Employment Area 4.
  • Suitable for commercial or auto repair operations.
  • Features a stable, long-term tenant (Precision Automotive Service) generating consistent income.
  • Broker contact required for property access.
  • Currently operating as an auto repair facility.
  • Broker contact required for showings.

Property Details for 2850 47Th Ave

Property type
Warehouses, Industrial properties
Square Feet
4,224 SF
Year Built
1964
Buildings
1
Stories
1
Units
1

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5097634
Longitude
-121.4760124
2850 47Th Ave, Sacramento, California

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2850 47Th Ave
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