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32197485
32197484

3168 Riverside Blvd, Sacramento, CA 95818

MP
CA CA 01878385
MPIRE Commercial Real Estate, Inc.
Listed by MPIRE Commercial Real Estate, Inc.
$2,150,000
36 days on market
Updated 36 days ago
Opportunity zone

Land Park Retail Building

Details
Property Type Retail, Office
Sub Type Grocery Store, Restaurant (+1)
Square Footage 6,300
Tenancy Vacant
Price per SqFt $341
Year Built 1949
Acreage 0.350
Investment Type Redevelopment

Retail | 6,300 SqFt

Marketing description

3168 Riverside Blvd is a rare 6,300 SF freestanding retail building positioned in one of Sacramento's most established and supply-constrained neighborhoods. Originally constructed in 1949, the property sits on a generous 0.35-acre parcel—substantially larger than typical retail footprints in the immediate trade area—and offers exceptional redevelopment and owner-user potential. The site's Best Location score of 99, the highest achievable in CoStar's system, underscores the inherent strength of the surrounding residential fabric and its long-term desirability.

With immediate frontage along Riverside Blvd, the property benefits from excellent neighborhood visibility and proximity to consistent residential traffic flows. Average rents in the competitive set range from $1.20 to $2.30 NNN, and vacancy is effectively 0% across nearly all peer properties, illustrating how tightly held and consistently absorbed retail space is within this pocket of South Sacramento.

Given its infill positioning, generous lot size, and flexible building configuration, the asset is ideally suited for developers seeking a high-income, high-barrier-to-entry location or owner-users targeting a flagship location embedded directly into one of Sacramento's most coveted neighborhoods.

3168 Riverside Blvd is located at the nexus of Land Park, Curtis Park, and Hollywood Park—three of Sacramento's most iconic, stable, and economically resilient neighborhoods. This area is known for its tree-lined streets, historic single-family homes, and exceptionally strong household incomes. Within a 1-mile radius, the median household income is $168,225, nearly double the Sacramento regional average. That figure still remains elevated at $110K+ across the 3-mile and 5-mile radii.

Demographics further underline the area's quality: Average household income (1-mile): $168,225; High-income households (> $75K): 75% within 1 mile; College-educated population (1-mile): 55.2%; Median home value (1-mile): $786,717

These metrics place the subject property in one of the most economically powerful consumer bases in the Sacramento region. For developers, this translates to reliable demand for neighborhood-serving retail, boutique service concepts, restaurant/cafe formats, medical office, and lifestyle-oriented uses. For owner-users, the surrounding residents provide a built-in, loyal customer profile with above-average discretionary spending power.

Investment highlights

  • Premier Infill Location (Score: 99 CoStar) within Sacramento's most established and affluent neighborhoods.
  • High-Income Trade Area with $168K median household income and nearly $1B in local buying power within 1 mile (CoStar).
  • Extremely Limited Supply with 0% vacancy across surrounding retail comps and rents ranging $1.60-$2.30 NNN (CoStar).
  • Rare 0.35-Acre Parcel offering flexible redevelopment or owner-user opportunities in a high-barrier corridor; with ample, exclusive parking
  • Excellent Ingress Egress with curb cuts and exclusive use driveways on both Riverside Blvd and 7th Ave
  • Strong Visibility & Neighborhood Traffic with 11,500 VPD on Riverside Blvd (CoStar).
  • Affluent, Educated Consumer Base with 75% of households earning $75K+ and average incomes exceeding $164K (CoStar).
  • Proven Leasing Demand supported by zero local vacancy and quick absorption of quality retail space (CoStar).
  • Strategic Positioning Near Major Growth Drivers, including Aggie Square and The Rail yards economic expansion.

Listing Contacts

MP
CA CA 01878385
MPIRE Commercial Real Estate, Inc.
Listed by MPIRE Commercial Real Estate, Inc.

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Additional Information

Name
Mike Priolo
License
CA 01878385
Brokerage
MPIRE Commercial Real Estate
Brokerage Phone
4084398875
Title
Broker
Brokerage Address
222 Altivo Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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