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866-870 57th Street Sacramento, CA $ 1,030,000
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866-870 57th Street
$ 1,030,000
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866-870 57th Street

Sacramento, CA, 95819
$ 1,030,000
Bedrooms-- Baths-- Sq 3,873

Monthly Estimate*

$ 6,342

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Commercial Property for sale in Sacramento, CA

for $1,030,000. This 3,873 square foot building was built in 1953 on a lot size of 0.2346.

866-870 57th Street is a 100% leased NNN investment located in the heart of East Sacramento. The Property is currently leased to two long-term tenants, each occupying a stand-alone building on the Property. Main Event Barbers has occupied a 1,100 square foot converted home since February 2019 and recently extended its lease term through April 2029. Porchlight Brewing Company, a local microbrewery and the only on-site brewing facility in East Sac, has occupied a 2,773 square foot flex warehouse building and the adjacent outdoor patio space since June 2017 and recently extended its lease term through April 2029. Both Tenants have made considerable financial investment to their respective buildings and have developed a strong fanbase among nearby residents. The two structures total approximately 3,873 square feet situated on a 10,220 square foot parcel of land, which also includes 7 on-site parking stalls. The average rent between both tenants is $1.28 per square foot, triple net, which is about 40% below the average market rent in the area. The current net operating income is $59,638 with both tenants paying their pro-rata share of operating expenses (including property tax increases) and utilities in addition to the base rent. The Property is being offered for $1,030,000 which equates to a 5.79% capitalization rate in the first year. Over the remaining three years of term, the average annual return is 6.02%, factoring in the scheduled rent increases.

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Commercial Active

Price

$ 1,030,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.2346

Year Built

1953

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226058351
Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities Other
Roof Shingle Metal
Construction Materials Tilt-Up Wood
Year Built 1953
Electric Separate Electric Meter
Tenant Pays Common Area Maintenance Electricity Taxes Gas Trash Collection Water Insurance Janitorial Services
Stories Count 0
Property Subtype Retail
Current Use Mixed Use
Location Neighborhood
Business Type Barber/Beauty Commercial Other
County Sacramento
Property Type Commercial Sale
Building Features 1 Restroom Per Unit 12 to 18 Ft Ceilings Restroom(s)-Private See Remarks
Close Price 0.0
Status Active
Directions Near the corner of 57th and H Streets.
City Sacramento
Zoning Description C-4 Heavy Commercial
Number Of Units Total 2
MLS Area 10819
Lot Size Square Feet 10219.0
Ok to Lease 3 Years
Structure Type Retail
Standard Status Active
Year Built Source Assessor Auto-Fill
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Interior
Flooring See Remarks 0
Office Area 0
Total Stories 1
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Exterior
Parking Features Private Street See Remarks
Water Source Water District
Total Parking 7.0
Foundation Details Concrete
Number of Buildings 2
Building Area Total 3873.0
Lot Size Acres 0.2346
Lot Size Source Assessor Auto-Fill
Parking Ratio 0.0
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Internal Only
Street Number 1 866
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* Excluded Features
List By
Ken Turton, Broker

Broker

jonlang@turtoncom.com

Email

Affordability Calculator

$6,342
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,342
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/8/2026 $1,030,000 Listed Price

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866-870 57th Street, Sacramento, CA, 95819 is a Commercial Property for sale at $1,030,000 with 3,873 sqft and a lot size of 0.2346. 866-870 57th Street was built in 1953. The property's zip code is 95819 which is in Sacramento, CA

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