2251 Northgate Boulevard
Sacramento, CA, 95833
$
2,350,000
Bedrooms--
Baths--
Sq
9,800
Monthly Estimate*
$
16,231
for $2,350,000. This 9,800 square foot building was built in 1984 on a lot size of 0.6841.
Multi-Tenant Retail Investment: Excellent opportunity to acquire a fully occupied multi-tenant neighborhood retail center located along the established Northgate Boulevard commercial corridor in Sacramento. This approximately 9,800 SF retail property features six tenant spaces with a diverse mix of neighborhood-serving uses, including a church, three salon/service businesses, pizza restaurant, and Mediterranean restaurant. The largest tenant, a church, occupies approximately 5,000 SF, consisting of two combined spaces of approximately 3,000 SF and 2,000 SF. The remaining center consists primarily of approximately 800 SF suites, with the pizza tenant occupying approximately 1,600 SF. The property currently generates approximately $13,946 per month in total rent and additional rent collections. Based on preliminary operating expenses of approximately $3,100 per month, estimated NOI is approximately $130,155 annually, representing an indicated 5.54% cap rate at the $2,350,000 asking price. Buyers should independently verify all income, expenses, leases, and financial information. The center offers excellent visibility, convenient on-site parking, multiple storefronts, and easy access to I-80 and I-5, with convenient connections to Downtown Sacramento, Natomas, and Sacramento International Airport. The surrounding Northgate corridor includes numerous grocery, restaurant, service, and national/regional retail businesses. Offered at $2,350,000, this property presents an opportunity for investors seeking an established Sacramento infill retail asset with existing cash flow and potential future income growth through lease renewals and rental increases.
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Features
General
Sewer
Public Sewer
Heating
Varies by Unit
Cooling
Varies by Unit
Utilities
Telephone
Roof
Shingle
Construction Materials
Concrete
Stucco
Wood
Year Built
1984
Electric
220 Volts
Tenant Pays
Varies by Unit
Stories Count
1
Property Subtype
Retail
Location
Other
Business Type
Barber/Beauty
Religious
Restaurant
County
Sacramento
Property Type
Commercial Sale
Building Features
Restroom(s)-Private
Kitchen Facilities
Close Price
0.0
Status
Active
Directions
Please use GPS.
City
Sacramento
Zoning Description
C-2-SPD
Number Of Units Total
6
MLS Area
10833
Lot Size Square Feet
29799.0
Standard Status
Active
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Tile
Vinyl
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
Common Area Shared
Water Source
Public
Total Parking
35.0
Foundation Details
Slab
Number of Buildings
1
Building Area Total
9800.0
Lot Size Acres
0.6841
Lot Size Source
Assessor Auto-Fill
Parking Ratio
0.0
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* Excluded Features
List By
Grand Realty Group
Broker
szeyeung@hotmail.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $16,231
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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
Commerical listings in Sacramento, CA
Average List Price
$1,241,382
Percent of Sale Price
47%
About Sacramento, CA
501,568
Population
23%
Since 2002
$
54,303
Median Income
35.68
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/19/2026
|
$2,350,000
|
|
Listed Price
|