3316 Martin Luther King Jr Blvd Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95817
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225087719
Year Built 1951
Lot Size 0.343 Acres
Property Sub-Type Retail
Property Description
Excellent Investment Opportunity in Sacramento! This retail shopping center offers a strong gross potential rental income of $108,600 annually, with current property taxes at $6,004 and insurance at $3,347.00. The offering includes three parcels and four separate addresses: 3308-3310 MLK Jr Blvd (APN: 013-0354-012-0000) 3312-3316 MLK Jr Blvd (APN: 013-0354-013-0000) 3324 MLK Jr Blvd (APN: 013-0354-014-0000) Totaling approximately 0.3428 acres, the 4,283 SF retail center sits on a high-visibility corridor with 92 feet of frontage along Martin Luther King Jr. Blvd. The sale also includes the vacant lot at 3324, with ready-to-build plans approved for a 2,850 SF commercial building, adding tremendous future value. Ideal for investors seeking both immediate cash flow and development upside in a growing Sacramento corridor.
Location
State CA
County Sacramento
Area 10817
Interior
Heating Central
Cooling Central
Flooring Other
Exterior
Parking Features Fenced
Utilities Available Varies by Unit
Roof Type Shingle,Tar/Gravel
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None