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Sold on Aug 3, 2026 for $994,000

870 57th St, Sacramento, CA 95819

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Property Highlights

Commercial Sale

Property Type

Retail

Sub Type

1953

Year Built

N/A

Days On Properkey

0.23

Lot (acres)

226058351

MLS #

METROLIST

MLS Source

Description

866-870 57th Street is a 100% leased NNN investment located in the heart of East Sacramento. The Property is currently leased to two long-term tenants, each occupying a stand-alone building on the Property. Main Event Barbers has occupied a 1,100 square foot converted home since February 2019 and recently extended its lease term through April 2029. Porchlight Brewing Company, a local microbrewery and the only on-site brewing facility in East Sac, has occupied a 2,773 square foot flex warehouse building and the adjacent outdoor patio space since June 2017 and recently extended its lease term through April 2029. Both Tenants have made considerable financial investment to their respective buildings and have developed a strong fanbase among nearby residents. The two structures total approximately 3,873 square feet situated on a 10,220 square foot parcel of land, which also includes 7 on-site parking stalls. The average rent between both tenants is $1.28 per square foot, triple net, which is about 40% below the average market rent in the area. The current net operating income is $59,638 with both tenants paying their pro-rata share of operating expenses (including property tax increases) and utilities in addition to the base rent. The Property is being offered for $1,030,000 which equates to a 5.79% capitalization rate in the first year. Over the remaining three years of term, the average annual return is 6.02%, factoring in the scheduled rent increases.

Listed by Jon M. Lang • DRE #01934934 • Ken Turton, Broker

Bought with Ron Kahn • DRE #01346442 • Corcoran Icon Properties

Contact: (916) 710-0753

Contact: [email protected]

MLS #: 226058351
Source: MetroList Services

Building & Construction

Construction Materials
Tilt-Up, Wood
Roof
Shingle, Metal
Foundation
Concrete
Building Features
1 Restroom Per Unit, 12 to 18 Ft Ceilings, Restroom(s)-Private, See Remarks

Interior & Comfort

Heating
Central
Cooling
Central
Flooring
See Remarks

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

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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: August 24, 2026 6:00 PM PT
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