Auto Dealer Warehouse 600 Harbor Blvd

6,760 SF 100% Leased Industrial Building West Sacramento, CA 95691 $1,200,000 ($178/SF) 7.58% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prime location facing Harbor Boulevard
  • Diversified cash flow with mixed-use features
  • Convenient 16-foot roll-up door for versatile access
  • Recently remodeled property
  • Auto dealer license location

EXECUTIVE SUMMARY

Incredible opportunity awaits with this mixed-use property showcasing numerous upgrades and renovations! The property comprises two buildings: a 5,000 square foot automotive service building at the front and a two-unit, single-story residential property at the rear, totaling 1,760 square feet of living space. The automotive service building boasts a valuable auto dealer 'hand license,' remodeled office space, and a workshop area in the rear featuring a 16-foot roll-up door. The residential units have undergone extensive improvements, including new HVAC systems, kitchen cabinets, bathrooms, flooring, windows, and more. Don't miss out on this exceptional investment!

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $124,200 $18.37
Other Income - -
Vacancy Loss - -
Effective Gross Income $124,200 $18.37
Taxes $15,000 $2.22
Operating Expenses $7,200 $1.07
Total Expenses $22,200 $3.28
Net Operating Income $102,000 $15.09

PROPERTY FACTS

Price $1,200,000
Price Per SF $178
Sale Type Investment or Owner User
Cap Rate 7.58%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • Office Office Residential
  • Office Office Live Work Unit
Building Class B
Lot Size 0.50 AC
Rentable Building Area 6,760 SF
No. Stories 1
Year Built 1977
Parking Ratio 2.22/1,000 SF
Opportunity Zone Yes

AMENITIES

  • Yard
  • Accent Lighting
  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

ZONING

Zoning Code M2 (Manufacturing, processing,assembly, research, wholesale and storage uses, trucking terminals, railroad facilities, and public and quasi-public uses.)
  • Listing ID: 30520746

  • Date on Market: 1/3/2024

  • Last Updated:

  • Address: 600 Harbor Blvd, West Sacramento, CA 95691