Homes for sale - 2971 Fulton AVE, Sacramento, CA 95821

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Sherri Patterson

sherri@sherripatterson.net +1(916) 801-1105

$ 17,995,000

Est. payment -/mo

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Price Dropped by $4.0M

2971 Fulton AVE Sacramento, CA 95821

5.86 Acres Lot

UPDATED:

08/23/2024 10:37 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224025809

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1951

Lot Size 5.860 Acres

Acres 5.86

Property Description

High visibility and traffic are excellent indicators of a potential lucrative investment. A property situated in a prime location can attract more tenants and customers, leading to higher rental income and property value. The mix of professional offices and retail spaces can help diversify the tenant base, reducing risk associated with vacancies or economic downturns affecting a specific sector. With over 125,600 gross square feet of building space and nearly 6 acres of land, there many be opportunities for expansion or redevelopment in the future, depending on zoning regulations and market demand. Evaluate the property's potential for generating rental income and its overall return on investment (ROI). Factor in financing costs, property taxes, insurance, and other expenses to determine the property's profitability. Consider your investment goals and long-term strategy for the property. Are you looking for steady rental income, capital appreciation, or a combination of both? Develop a clear investment plan to guide your decision-making process.

Location

State CA

County Sacramento

Area 10821

Direction Corner of Fulton Avenue and Marconi Avenue

Location Details Public Transportation Nearby,Freeway Nearby,Restaurant Nearby,Shopping Nearby

Interior

Heating Central, MultiZone

Cooling Central, MultiZone

Flooring Tile, Carpet, Vinyl, Concrete, Wood

Exterior

Garage Open, Common Area Shared

Utilities Available Cable Available, Internet Available

Water Access Desc Public

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 268-0140-024-0000

Special Listing Condition None

Listed by Lyon RE Sierra Oaks

Sherri Patterson

Broker Associate | License ID: 01273462

+1(916) 801-1105

Sherri Patterson

2971 Fulton AVE Sacramento, CA 95821

Key Details

Location

Interior

Exterior

Building

Others

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2971 Fulton AVE