4331 Attawa,Sacramento, CA 95822
Sacramento, CA 95822
Description
Price Reduced $200K-Seller Motivated! Newmark, as the exclusive advisor, is pleased to present for sale 4331 Attawa Avenue, a mixed-use office/light manufacturing building in Sacramento, California. Constructed in 1980, this metal building is comprised of roughly 15,125 SF on 2 levels, and is currently occupied by a multitude of office tenants, art studios, and a cider production facility. This property is 100% occupied with long term tenants on short term leases. The current acquisition cap rate is 6.3%. Huge rental income upside with an average lease rate at $0.91/SF. With in-place income, this buildings size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on Attawa Avenue, just south of Sacramento City College and Land Park, 4331 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. *4330 24th Street is also for sale and can be purchased separately or together. The buildings back up to each other and priced at $700,000
Details
| MLS # | ML82021686 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 396 |
| Listing Provided By | Cornish & Carey Commercial | Kelly Rivett |
Features
| SQ Feet | 15,125 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | C-4 |
| Acreage | 0.56 |
Interior
| Cooling | Central Air, Wall Window Units |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Security Lights |
Taxes
| Property | 17920 |
|---|
Area Information
| State | CA |
|---|---|
| County | Sacramento |
| City | Sacramento |
| Zip Code | 95822 |
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Learn More About This Property
| State | CA |
|---|---|
| County | Sacramento |
| City | Sacramento |
| Zip Code | 95822 |