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26635043
26635029

2018 16th St, Sacramento, CA 95818

DC
CA 02239551
Berkshire Hathaway HomeServices Elite Real Estate Sacramento
Listed by Berkshire Hathaway HomeServices Elite Real Estate Sacramento
$1,200,000
283 days on market
Updated 56 days ago

Wing Fa Market

Details
APN 009-0151-009-0000
Property Type Mixed Use
Sub Type Storefront Retail/Office
Square Footage 2,530
Net Rentable (SqFt) 2,530
Units 2
Occupancy 50%
Brand/Tenant 7-Eleven
Class B
Year Built 1925
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 3,200
Zoning C-2-SPD
Investment Type Owner/User
Ownership Estate Sale

Well-Established Asian Market with Hot Food Component & Loyal Local Customer Base

Marketing description

Prime mixed-use opportunity in Midtown Sacramento! Located at 2016 16th Street, this property features an upstairs residential unit providing steady rental income and a ground-floor commercial space ready for new vision. The location is unbeatable situated in one of Sacramento's most vibrant corridors and just steps from new investment and development, including the Sakura project scheduled for completion between 2025 and 2027. With strong neighborhood growth, walkable access to dining and entertainment, and excellent long-term potential, this property is ideal for both investors and owner-users looking to secure a Midtown address.

Investment highlights

  1. Two-Unit Mixed-Use Property

  2. Stable Income in Place

  3. Vacant Retail Space

  4. Midtown Sacramento Location

  5. Proximity to New Sakura Development

  6. Value-Add Potential

  7. Estate Sale Offering

Listing Contacts

DC
CA 02239551
Berkshire Hathaway HomeServices Elite Real Estate Sacramento
Listed by Berkshire Hathaway HomeServices Elite Real Estate Sacramento

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Additional Information

Name
Robert Do
License
01525946
Brokerage
BHHS Elite Real Estate
Brokerage Phone
510-931-8592
Title
Broker of Record
Brokerage Address
7412 Elsie Ave, Sacramento, CA 95828
Name
Daxian Ice Chen
License
02239551
Brokerage
BHHS elite real estate
Brokerage Phone
(916) 681-5112
Title
real estate agent
Brokerage Address
7412 Elsie Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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