Elvas Ave Building + Yard 2 biens • À vendre 3 388 250 $ CAD • Sacramento, CA

Sitting squarely in the middle of the thriving and rapidly growing submarket of East Sacramento, 6500 Elvas Ave, Sacramento, CA 95819 (“The Property”) represents one of the few remaining flexible commercial opportunities in this highly sought-after area. Just 0.3 miles from Highway 50 and 65th Street, and located under 200 feet from Hornet Xing, the primary pedestrian entry point on the west side of Sacramento State, the Property benefits from consistent daily foot traffic combined with strong visibility and exposure to over 15,800 cars per day on the corner of 65th Street and Elvas Avenue.
The Property consists of an approximately 9,600 square foot building along with an approximately 16,875 square foot fenced-in yard, a highly unique combination for East Sacramento. The Property and its zoning allow for a wide range of retail, service, and commercial uses, while still capitalizing on the visibility and consumer activity driven by its proximity to the Sacramento State campus.
Further enhancing the long term value of the Property, more than 4,600 student housing beds are located within 0.5 miles of the Property, which serve Sac State’s student body of over 31,000 students.
As East Sacramento continues its robust push for new housing and mixed-use development, flexible commercial spaces within walking distance of Sacramento State are incredibly scarce. Opportunities of this scale, versatility, and location rarely come to market, making this a truly exceptional offering for brands seeking long-term positioning in one of Sacramento’s fastest-growing and most dynamic districts.
This property is not just an excellent lease or sale opportunity, but a mixed-use development opportunity given its proximity to the university. By right the building parcel would allow 74,000 square feet of vertical development, while the yard parcel allows for 67,500 square feet of development, both with an FAR of 4:1.
Offered as a bundle of $2,500,000. Also available separately at $2,100,000 for the 9,600 square foot building and $500,000 for the 16,875 sf yard.
Also available for lease at $1.20 per square foot per month, NNN, for the building and $0.18 per square foot per month, NNN, for the yard.