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4521 Orange Grove Avenue $599,000

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    4521 Orange Grove Avenue Sacramento, CA 95841

    • Commercial
    • MLS# 19025309
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    Property Details

    Marcus & Millichap is pleased to list exclusively a retail automotive center in Sacramento, CA. The property is a total of 8,950 rentable square feet on 0.58 acres of two separate parcels of land. This unique and rare opportunity has automotive use to either invest as income property and/or an owner-user opportunity. The adjacent building at 4520 Auburn Blvd. as part of the portfolio sold for $600,000 of 3,200 RSF on 7,405 SF lot. This automotive strip center has a total of five units remaining for sale. There are three units at 4500 Auburn Blvd of 5750 RSF on 14,420 SF lot and two units at 4521 Orange Grove Ave of 3,200 RSF on 10,980 SF lot. The tire shop is on a NNN lease to expire in July 2020 with no options. The rest of the leases are month-to-month with very high upside potential. It is conveniently located near the main freeway at a high traffic signalized intersection. Directly across the street is the sheriff's new location. SBA financing may qualify!

    • General Features
      • Lease Terms Copy of Agrmnt Avail
      • Other Expenses Other-Attch
      • Year Built 1961
      • County GC
    • Building Features
      • Air Conditioning Other-Attch
      • Heat Other-Attch
      • Amenities Other-Attch
      • Construction Other-Rmks
      • Door Roll Up
      • Miscellaneous Other-Attch
      • Loading Other-Rmks
      • Roof Description Other-Attch
      • Floor Other-Attch
      • Exterior Other-Rmks
    • Property Features
      • Location Other-Rmks
      • Parking Open

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    Neighborhood

    95841 (Sacramento) Demographics

    34 Median Age
    4,880 Population Density (per sq. mile)
    33% College Educated
    $40,693 Estimated Median Income
    2,751 Estimated Total Home Owners
    5,057 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    19,890 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $599,000 -0.17%
    4/19/2019 1:45:00 PM New in Database Source New Value: $600,000

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 1/22/2020 6:20:39 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use