$2,350,000

2251 Northgate Blvd, Sacramento, CA 95833

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0.68 acres

Commercial Sale · Retail · Built 1984 · 30 days on Properkey

Description

Multi-Tenant Retail Investment: Excellent opportunity to acquire a fully occupied multi-tenant neighborhood retail center located along the established Northgate Boulevard commercial corridor in Sacramento. This approximately 9,800 SF retail property features six tenant spaces with a diverse mix of neighborhood-serving uses, including a church, three salon/service businesses, pizza restaurant, and Mediterranean restaurant. The largest tenant, a church, occupies approximately 5,000 SF, consisting of two combined spaces of approximately 3,000 SF and 2,000 SF. The remaining center consists primarily of approximately 800 SF suites, with the pizza tenant occupying approximately 1,600 SF. The property currently generates approximately $13,946 per month in total rent and additional rent collections. Based on preliminary operating expenses of approximately $3,100 per month, estimated NOI is approximately $130,155 annually, representing an indicated 5.54% cap rate at the $2,350,000 asking price. Buyers should independently verify all income, expenses, leases, and financial information. The center offers excellent visibility, convenient on-site parking, multiple storefronts, and easy access to I-80 and I-5, with convenient connections to Downtown Sacramento, Natomas, and Sacramento International Airport. The surrounding Northgate corridor includes numerous grocery, restaurant, service, and national/regional retail businesses. Offered at $2,350,000, this property presents an opportunity for investors seeking an established Sacramento infill retail asset with existing cash flow and potential future income growth through lease renewals and rental increases.

Agent & source

Listed by
Szeyeung Tse
Brokerage
Grand Realty Group
DRE
#01953758
MLS # 226118238 Source MetroList Services

Property details

Rooms & Layout

Levels
1 story

Building & Construction

Construction Materials
Concrete, Stucco, Wood
Roof
Shingle
Foundation
Slab
Building Features
Restroom(s)-Private, Kitchen Facilities

Exterior & Parking

Parking
Common Area Shared

Interior & Comfort

Heating
Varies by Unit
Cooling
Varies by Unit
Flooring
Tile, Vinyl

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts
Telephone

Nearby

Active Pending Closed Rental

School information not available for this property.

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All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 19, 2026 6:56 PM PT
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