Multi-Tenant Storefront
For Sale
Contact for pricing
242 Vernon St, Roseville, CA 95678
Corner retail building with downtown access, nearby public parking, and proximity to Highway 80.
Property Size4,980 SF
Price / SF$316.27
Days on Market927
Property Features for 242 Vernon St
General Information
Standard status
Active
Size
4,980 SF
Property subtype
Retail
Zoning
CBD/SA-DT
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$120,573
Additional Details
Corner Location
Yes
Building Details
Year Built
1925
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
TRI Commercial Roseville
Listed By:
Steve Park · License #CA 01472232
(916) 792-1462
Source:
Crexi
Added: Apr 1, 2024
Changed: Oct 13
Last Checked: Oct 12 at 9:27PM
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.
Built in 1925, this 4,980-square-foot storefront property is configured for multiple tenants and occupies a prominent corner position. The building is zoned CBD/SA-DT and offers a retail-oriented commercial setting within an established downtown environment.
The property is in downtown Roseville, within one block of Vernon Street Town Square and near Highway 80. Two public parking garages are located within a two-block radius and provide free public parking, adding convenient access for visitors and occupants.
The property is in downtown Roseville, within one block of Vernon Street Town Square and near Highway 80. Two public parking garages are located within a two-block radius and provide free public parking, adding convenient access for visitors and occupants.
Key Highlights
- 4,980‑square‑foot multi‑tenant storefront property
- Built in 1925
- Prominent corner location within one block of Vernon Street Town Square
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,235
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,700
$1.5M
Cap Rate 7%
$1,103,357
$1.1M
Cap Rate 9%
$858,167
$858.2K
Market Conditions
NOI Build-Up for 4,980 SF
Gross rent
$117.1K $23.52/SF
− Vacancy
−$6.8K −$1.36/SF
EGI
$110.3K $22.16/SF
− OpEx
−$33.1K −$6.65/SF
NOI
$77.2K $15.51/SF
Area
Roseville, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,700
Cap Rate 7%
$1,103,357
Cap Rate 9%
$858,167
Alternative Uses
Best Use
Retail
$1.10M
$965.4K – $1.29M
NOI $77,235 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Home Improvements & Furnishings 8%
7-Eleven
Shops & Services
5,628 visits/mo
0.2 miles
Ferguson
Home Improvements & Furnishings
467 visits/mo
0.4 miles
Demographics for 95678, CA
45,136
Population
18,594
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$104,704
Median Household Income
$53,807
Median Earnings
$2,118
Median Rent
$534,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bartlett Flowers & Gifts — 507 Vernon St, Roseville, CA 95678
- Judy's Blossom Shop — 212 Estates Dr, Roseville, CA 95678
- Perky Posies — 327 Lincoln St, Roseville, CA 95678
Frequently Asked Questions
What type of property is this?
Storefront property - Corner retail building with downtown access, nearby public parking, and proximity to Highway 80.
Where is this storefront property located?
The property is located at 242 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: 4,980‑square‑foot multi‑tenant storefront property; Built in 1925; Prominent corner location within one block of Vernon Street Town Square
