For Sale
$3,050,000

2224 El Camino AveSacramento, CA 95821

23,200 SF Vacant Retail Center, Sacramento

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 23,200 square foot shopping center, located at 2224 El Camino Ave in Sacramento, California's Arden Arcade area, presents a compelling investment opportunity. Currently vacant, this property offers significant potential for a variety of retail uses. Built in 1979, the building features a desirable SC zoning designation and boasts ample parking (3 spaces per 1,000 sq ft). The property includes a walk-in freezer, walk-in refrigerator, warehouse space, an office with a roll-up door and dock, and fenced exterior storage. Internal improvements include approximately 4,234 square feet of stockroom/office space, one 14' x 10' loading dock, and one 10' x 8' ground-level door. The roof is TPO, and the HVAC system comprises approximately seven units. The asking price is $3,050,000, representing a price per square foot of $137.93 and a pro-forma cap rate of 9.00%. The property's location on El Camino Avenue ensures high visibility and traffic, making it ideal for a supermarket, discount store, furniture store, or similar retail establishment. The APN is 278-0020-005-0000

Highlights

  • Power: TBD Amps/Volts
  • Refrigeration: Walk-in freezer and walk-in refrigerator
  • Roof: TPO membrane
  • HVAC: Approximately seven units
  • 4,234 SF of stockroom/office space
  • One 14' x 10' loading dock

Property Details for 2224 El Camino Ave

Property type
Lifestyle centers, Power centers
Square Feet
23,200 SF
Year Built
1979
Units
1

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6098144
Longitude
-121.4137419
2224 El Camino Ave, Sacramento, California

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2224 El Camino Ave
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