CA > Sacramento
Sacramento, CA 95817,3316 Martin Luther King Jr Blvd
Sacramento, CA 95817,3316 Martin Luther King Jr Blvd
Sacramento, CA 95817,3316 Martin Luther King Jr Blvd
Sacramento, CA 95817,3316 Martin Luther King Jr Blvd
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Tom Knight

Tom Knight

+1(916) 801-8282
$ 1,350,000
Est. payment | /mo

0.34 Acres Lot

Save
$ 1,350,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225087719

HOA Y/N No

Year Built 1951

Lot Size 0.343 Acres

Acres 0.3428

Property Sub-Type Retail

Source MLS Metrolist

Property Description

Excellent Investment Opportunity in Sacramento! This retail shopping center offers a strong gross potential rental income of $108,600 annually, with current property taxes at $6,004 and insurance at $3,347.00. The offering includes three parcels and four separate addresses: 3308-3310 MLK Jr Blvd (APN: 013-0354-012-0000) 3312-3316 MLK Jr Blvd (APN: 013-0354-013-0000) 3324 MLK Jr Blvd (APN: 013-0354-014-0000) Totaling approximately 0.3428 acres, the 4,283 SF retail center sits on a high-visibility corridor with 92 feet of frontage along Martin Luther King Jr. Blvd. The sale also includes the vacant lot at 3324, with ready-to-build plans approved for a 2,850 SF commercial building, adding tremendous future value. Ideal for investors seeking both immediate cash flow and development upside in a growing Sacramento corridor.

Location

State CA

County Sacramento

Area 10817

Direction Use your favorit GPS.

Location Details Neighborhood,Public Transportation Nearby,Restaurant Nearby,Strip Center

Interior

Heating Central

Cooling Central

Flooring Other

Exterior

Parking Features Fenced

Utilities Available Varies by Unit

Water Access Desc Public

Roof Type Shingle,Tar/Gravel

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 013-0354-013-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by REMAX Dream Homes
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3316 Martin Luther King Jr Blvd