Listed by TRI Commercial Roseville
$1,575,000
242-246 Vernon St
Details
APN 013-092-009
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 4,980
Units 3
Cap Rate 7.66%
NOI $120,573
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $316
Year Built 1925
Buildings 1
Stories 1
Lot Size (SqFt) 4,356
Zoning CBD/SA-DT
For Sale | Downtown Roseville Retail & Restaurant Property
Marketing description
242-246 Vernon Street is a multi-tenant building located in the heart of downtown Roseville within close proximity to Highway 80. The property is located within a 2 block radius from two parking garages providing free public parking. 242-246 Vernon Street is a prominent corner space within a block on the Vernon Street Town Square.
FOR ADDITIONAL INFORMATION, PLEASE EMAIL US AT:
steve.park@tricommercial.com
jason.huntoon@tricommercial.com
Investment highlights
In the heart of Downtown Roseville
Corner location
Highly visible
New parking garage within one block
12+ foot ceilings
Multi-tenant retail and restaurant building
Close proximity to Highway 80
Outdoor seating a possibility
Existing tenant on month-to-month rent
Listing Contacts
Listed by TRI Commercial Roseville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,573.00
$10,047.75/mo
Valuation Metrics
0
DSCR
7.66%
Cap Rate
7.66%
ROI
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