Downtown Roseville Retail and
246 Vernon St Roseville, CA
For Sale
Contact for pricing
Multi-tenant retail and restaurant building in Downtown Roseville.
Property Size4,980 SF
Lot Size0.10 Acres
Price / SF$316.27
Days on Market814
Property Features for 246 Vernon St
General Information
Standard status
Active
Size
4,980 SF
Lot size
0.10 Acres
Property subtype
OFFICE
Listing Agency:
TRI Commercial | Roseville
(916) 792-1462
Listed By:
Steve Park · License #01472232
(916) 792-1462
Source:
Moodyscre
Added: May 7, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRI Commercial | Roseville
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Roseville, this multi-tenant building is suitable for retail and restaurant use. The property benefits from a corner location and high visibility. It features 12+ foot ceilings. A new parking garage is located within one block. The property is in close proximity to Highway 80. Outdoor seating is a possibility. The building has an existing tenant on a month-to-month rent. The property size is 4980 square feet.
Key Highlights
- Highly visible corner location in Downtown Roseville
- Multi‑tenant retail and restaurant building
- Close proximity to Highway 80
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.5k | $24.00 |
| − Vacancy | −$6.9k | −$1.39 |
| EGI | $112.6k | $22.61 |
| − OpEx | −$28.1k | −$5.65 |
| NOI | $84.4k | $16.96 |
4,980 SF · lease $24.00/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,441 @ 7.0% cap · market cap 5.36%
Second Best
Retail
$1.10M
$965.4K – $1.29M
NOI $77,235 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,945 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant retail and restaurant building in Downtown Roseville.
Where is this office building located?
The property is located at 246 Vernon St Roseville, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Highly visible corner location in Downtown Roseville; Multi‑tenant retail and restaurant building; Close proximity to Highway 80
