Owner/User Retail/Office Opportunity 1439 Arcade Blvd
1,800 SF Retail Building Sacramento, CA 95815 $339,000 ($188.33/SF)



EXECUTIVE SUMMARY
Owner/User opportunity in Sacramento Green Zone. Currently occupied by seller for use as cannabis delivery company, but now closing the business due to high competition and reduced consumer demand. +/- 1,800 SF free-standing building located in the City of Sacramento. Situated on three C-2 (General Commercial) zoned parcels comprising 0.12 acre (combined), with convenient access from both Arcade Blvd and Ermina Drive. Traffic counts of 11,591 vehicles per day. Close to both I-80 (1/3 mile) and Capital City Freeway (less than 1/4 mile). New 32-unit apartment project with 13,000 SF of ground floor retail coming soon directly across the street (in between the subject property and Marysville Blvd). The building underwent extensive renovations by seller in 2018 for use as a non-storefront cannabis dispensary, including new 5-ton HVAC unit, ADA-compliant restroom, exterior stucco and secured parking, plus high-end security camera and alarm systems. Constructed with concrete block and wood frame, the building features a combination of pitched and flat roofs with 10-foot interior ceilings.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built/Renovated
1947/2018
Price
$339,000
Price Per SF
$188.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Parking
4 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
34’ on Arcade
AMENITIES
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS


PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $106,930 | |
Land Assessment | $38,678 | Total Assessment | $145,608 |