2538 Cottage WaySacramento, CA 95825
- Retail properties
- 14,434 SF
Property Details for 2538 Cottage Way
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.35 AC
- Property size (Sq ft)
- 14,434 SF
- Zone code
- LC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 278-0190-057-0000
- APU
- 27801900570000
Description
This exceptional opportunity presents a well-established liquor store for sale in Sacramento, CA. Located at 2538 Cottage Way, this 2,580 square foot retail space, built in 1979 and renovated in 2006, sits on a 1.99-acre lot. The property boasts a prime location on a busy street, benefiting from high visibility and consistent foot and vehicle traffic. Its strategic placement near thriving residential and commercial areas ensures a steady stream of customers. The business enjoys a strong track record of profitability and customer loyalty, making it a turnkey operation ready for immediate success. The surrounding area demonstrates strong demographics, with a median household income of $25,000 and a consumer spending of approximately $1.2 billion within a 5-mile radius. The property is zoned LC and offers a significant opportunity for a new owner to capitalize on an already flourishing business. This Class B building presents a rare chance to acquire a profitable and established business in a high-demand location. The asking price is $1,700,000.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,525,511
- 6.5%
- $3,254,318
- 7%
- $3,021,866
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,193,434
- Geo Method
- $5,193,434
-
Alternative Use
- Use
- Valuation
- Residential
- $2,745,139
- Hospitality
- $2,514,532
- Educational
- $2,092,061
- Medical
- $2,164,010
- Retail
- $3,254,318
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.603
- Longitude
- -121.403
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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