1700 V Street, Sacramento, CA 95818 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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1700 V Street, Sacramento, CA 95818

$1,050,000 Approx. USD 0 beds, 0 baths
3,593 sqft

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Listing Agent


Kelly Rivett | kelly.rivett@nmrk.com
Lic#: 01249433
Broker: Courtesy of Cornish & Carey Commercial

Agent Remarks

Seller may carry a 1st MTG! An investor/user opportunity to acquire 1700 V Street, 2-story mixed-use building located in downtown Sacramento, California. This building is located on the southeast corner of 17th and V Street, and is comprised a convenience store ( Nick's Market) and 3 apartment units. Nick's Market, a longtime cornerstone market, occupies the ground floor commercial space and is comprised of approximately1,390 square feet. This lease expires in January 2027, with no options to renew. This allows a user opportunity to operate the c-store or lease to an market operator at twice the amount of current rate. Three apartment units occupy the remaining space within the building, with one studio unit on the ground floor, and two-2/1 apartment flats on the second story. The studio is approximately 400 square feet, and is occupied by a long term month-to-month tenant paying 50% under market, presenting immediate income upside. Upstairs, there are are two/2bed/1bath apartment flats that were beatifically remodeled in 2024. Building/unit renovations include but are not limited to: New exterior paint, new central heat/air, dual pane windows, refer, stove, faucets, lighting, luxury plank flooring, interior paint, toilet, hardware, doors, etc. The building is 100% occupied.

Listing Details

Property type: Triplex (Multi-Family)
Status: Pending
MLS# ML81972984
List price is $1,050,000 Reduced by $100,000 on 8/6/2024
Price: $1,050,000
Beds: 0
Baths: 0
Built in 1900
3,593 sqft
0.08 acres
Lot size: 0.0764
County: Sacramento
Zoning: R-3A
Appliances: Gas Cooktop,Microwave
Parking description: Off Street
Heating/cooling: Central Air
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 1/14/2025

 Days On Market (DOM): 96

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 38.564319, -121.489404.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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