For Sale
$2,000,000

4810 Watt Ave North Highlands, CA 95660

9,490 SF Retail Center, Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional owner-user opportunity presents a 9,490-square-foot shopping center situated on a sizable 35,574-square-foot lot in North Highlands, California. The property, built in 1955, features a single-story building with three units, currently vacant. Located at 4810 Watt Ave, 95660, this retail center boasts excellent visibility and is strategically positioned within a thriving commercial area, surrounded by a mix of businesses, shops, restaurants, and multi-family residences. Its convenient location offers easy access to public transportation and benefits from nearby new developments. The property's significant lot size presents considerable upside potential for future development, allowing buyers to capitalize on value appreciation and adapt to evolving market demands. This presents a unique chance to generate passive income during any potential entitlement process for future projects. The property is offered for sale by the owner, who intends to close their business if the property is not sold. The APN numbers are 240-0011-016-0000, 240-0011-032-0000, and 240-0011-017-0000. The asking price is $2,000,000. North Highlands is a vibrant and diverse community within the Sacramento metropolitan area, known for its inclusive atmosphere and proximity to California State University, Sacramento.

Highlights

  • $2,000,000 asking price for a 9,490 SF retail shopping center.
  • Located at 4810 Watt Ave, North Highlands, CA 95660.
  • Currently vacant, owner-user opportunity with potential for redevelopment.
  • Sits on a 35,574 SF lot with excellent visibility in a commercial hub.
  • Three units in a single, one-story, 1955-built building.

Property Details for 4810 Watt Ave

Property type
Lifestyle centers, Power centers
Year Built
1955
Buildings
1
Stories
1
Units
3

Location Insight

City
North Highlands
County
Sacramento
State
California
Latitude
38.6523527
Longitude
-121.3823039

FAQs

What type of property is this?
Lifestyle center - 9,490 SF Retail Center, Owner/User
Where is the lifestyle center located?
The property is located at 4810 Watt Ave North Highlands, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price for a 9,490 SF retail shopping center.; Located at 4810 Watt Ave, North Highlands, CA 95660.; Currently vacant, owner-user opportunity with potential for redevelopment.
How can I contact the broker?
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4810 Watt Ave
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