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9700 Railroad St
Elk Grove, CA 95624
Retail Property For Sale

Investment Highlights

  • For sale or lease: ±6,500 SF 2nd generation turn-key restaurant with ±2,455 SF patio and recent tenant improvements for immediate operation
  • Strong demographics with ±178,000 residents and median household income exceeding $120,000
  • Supported by major regional demand drivers including Sky River Casino and an expanding retail and hospitality pipeline
  • Located in Elk Grove’s Historic Railroad Street district, a growing walkable dining corridor supported by mixed-use investment
  • Adjacent apartments create a built-in customer base; nearby Dust Bowl Brewing drives steady foot traffic
  • Enter a high-growth market below replacement cost without the time, risk, and capital of new construction

Executive Summary

Elk Grove has emerged as one of the region’s most compelling restaurant markets driven by rapid population growth, rising household incomes, and a wave of economic development that has transformed the city from a suburban bedroom community into a true regional destination. With approximately 178,000 residents and a median household income exceeding $120,000, Elk Grove offers a deep, affluent customer base with strong discretionary spending and consistent dining demand.
The city’s growth trajectory has accelerated meaningfully in recent years. The opening of Sky River Casino introduced a powerful regional draw, bringing new visitation, nightlife energy, and hospitality demand to the market. This momentum has been reinforced by major retail development, new mixed-use projects, and ongoing infill housing within and around Elk Grove’s historic core, increasing density and creating a more walkable, experience-driven environment.
Against this backdrop, 9700 Railroad Street represents a rare convergence of fundamentals that are increasingly difficult to replicate: a 6,500 SF, 2nd gen restaurant, fully built-out and furnished, with brand-new tenant improvements, a 2,500 SF patio, and historic architecture that delivers immediate identity and presence. Whether leased at $3.25/SF NNN or acquired at $3.5 million, the opportunity allows an operator to enter a high-growth, high-income market without the time, cost, and risk of new construction.
This is not simply a restaurant space, it is a turn-key platform positioned to capture the upside of Elk Grove’s next phase of growth. The tenant will benefit from the apartments next door, providing a built-in customer base which is a rare advantage for an Elk Grove food operator. Down the block, Dust Bowl Brewing will provide the tenant with steady foot traffic and those looking for dining options. For an operator seeking scale, visibility, and long-term value, opportunities of this quality, size, and location in Elk Grove are exceptionally rare.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,500 SF
Building Class
C
Year Built
1880
Price
$4,821,250 CAD
Price Per SF
$741.73 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.98 AC
Zoning
SPA-OT
Parking
96 Spaces (14.77 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
134-0050-082
Land Assessment
$321,117 CAD
Improvements Assessment
$1,454,618 CAD
Total Assessment
$1,775,735 CAD
  • Listing ID: 39695814

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 9700 Railroad St, Elk Grove, CA 95624

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