Average square foot calculated using Size range provided by listing agent.
Description
Investor's Dream in Sacramento! Prime Marconi Avenue location with C-2 zoning and Opportunity Zone benefits, offering excellent tax advantages and strong development potential. Positioned on a high-visibility corridor with over 26, 000 daily vehicles, this property presents unmatched exposure and long-term upside. Current and future income potential make this a rare find. The existing structure features a brand-new roof (March 2025) and the property includes a billboard lease generating $560/month with automatic 2.5% annual increases. Investors can further maximize returns with the option to add Additional Dwelling Units (ADUs), potentially boosting rental income by up to $40, 000 annually, while leveraging the CalHFA grant program offering up to $40, 000 for ADU pre-development costs, (Buyer to verify about the Requirement and availability of Funds. Seller is not responsible). Whether held for cash flow or developed for future commercial use, this property offers unmatched potential in a rapidly evolving Sacramento market. Don't miss this one-of-a-kind opportunity to secure a high-exposure asset with multiple income streams and long-term upside. The property sits on the Neighbouring Hard Corner Commercial Property (Auto-Use).Show Description
MLS® Number225104717
Laundry LevelIn Garage
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1940
Basement
Driveway1/2 Car Space, No Garage, RV Access, RV Possible, Detached