1700 V Street, Sacramento, CA 95818
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1700 V Street,Sacramento, CA 95818
$1,050,000
- - Beds
- - Baths
- 3,593 sq. ft.
- Multi-family
- Pending
Listed by:kelly rivett
Office:cornish & carey commercial
MLS#:ML81972984
Source:CRMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$292.23
About this home
Seller may carry a 1st MTG! An investor/user opportunity to acquire 1700 V Street, 2-story mixed-use building located in downtown Sacramento, California. This building is located on the southeast corner of 17th and V Street, and is comprised a convenience store ( Nick's Market) and 3 apartment units. Nick's Market, a longtime cornerstone market, occupies the ground floor commercial space and is comprised of approximately1,390 square feet. This lease expires in January 2027, with no options to renew. This allows a user opportunity to operate the c-store or lease to an market operator at twice the amount of current rate. Three apartment units occupy the remaining space within the building, with one studio unit on the ground floor, and two-2/1 apartment flats on the second story. The studio is approximately 400 square feet, and is occupied by a long term month-to-month tenant paying 50% under market, presenting immediate income upside. Upstairs, there are are two/2bed/1bath apartment flats that were beatifically remodeled in 2024. Building/unit renovations include but are not limited to: New exterior paint, new central heat/air, dual pane windows, refer, stove, faucets, lighting, luxury plank flooring, interior paint, toilet, hardware, doors, etc. The building is 100% occupied.
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Home facts
- Year built:1900
- Listing Id #:ML81972984
- Added:398 day(s) ago
- Updated:August 13, 2025 at 07:30 AM
Rooms and interior
- Living area:3,593 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1900
- Building area:3,593 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$292.23
- Tax amount:$11,550
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