1014 10Th StSacramento, CA 95814

Property Details for 1014 10Th St

Year built

1925

Construction

TILT-UP CONCRETE

Lot size

0.04 AC

Property size (Sq ft)

6,655 SF

Zone code

C-3-SPD

Property type

Retail space

APN

006-0101-014-0000

APU

601010140000

Description

1014 10th Street presents a remarkable retail investment opportunity in a rapidly evolving downtown area. This 3,480 square foot space, currently vacant, is ideally suited for a restaurant or deli, boasting a flexible layout with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 3,480 square feet. The property is zoned C-3-SPD, allowing for a variety of commercial uses. Its strategic location places it within easy walking distance of the newly opened Golden Center, a major attraction projected to draw 17,000 attendees per event, significantly boosting foot traffic and consumer activity in the immediate vicinity. Furthermore, the property benefits from the city's ambitious plan to add 10,000 housing units to the downtown core, creating a substantial increase in the resident population and driving demand for local retail services. This presents a unique chance to capitalize on the burgeoning growth and become a key part of the downtown renaissance. The space is a second-generation cafe, offering a ready-made foundation for a new business. This is an exceptional opportunity to establish a thriving enterprise in a high-growth area with significant potential for return on investment. The entire 3,480 square feet is available for lease immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $2,998,620

  6.5%

  $2,767,958

  7%

  $2,570,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,394,506

  Geo Method

  $2,394,506

• Alternative Use

  Use

  Valuation

  Residential

  $2,334,876

  Hospitality

  $2,138,734

  Educational

  $1,779,401

  Medical

  $1,840,598

  Retail

  $2,767,958

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5799

Longitude

-121.494

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].