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Mixed-Use Restaurant and Apartment
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2016-2018 16th Street, Sacramento, CA 95818

Turnkey food-service and grocery improvements accompany a renovated three-bedroom apartment with dedicated rear parking.

Property SizeContact for details
Days on Market144

Property Features for 2016-2018 16th Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Retail
Occupancy 100%

Financials

Gross Income $25,200
Average Monthly Rent $2,100
Business Included Yes

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Commercial Hood Yes
Grease Trap Yes
Equipment Included Yes

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Building Details

Buildings 1
Listing Agency: GQNorth Real Estate
Listed By: Lu Ann Henderson · License #CA 01912126
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:04PM

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 GQNorth Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating restaurant and Asian grocery market with an upstairs residential apartment. The commercial space is offered with restaurant and market equipment, including refrigerators, freezers, stoves, ovens, woks, a hood, grease traps, and related fixtures. Current business hours are 8:00 AM–5:00 PM, and existing merchandise is excluded at closing while the remaining restaurant and grocery improvements stay in place.

The upper-level apartment contains 3 bedrooms and 2 bathrooms, including a primary bedroom, and has been renovated with new flooring, appliances, paint, and fixtures. It is leased through 10-31-24. The property includes a rear parking pad for up to six cars, additional street parking, and visibility at the intersection of T Street and 16th Street. Access to I-5, HWY 50, Hwy 80, and Hwy 99 is available from the area.

Key Highlights

  • Mixed‑use property with restaurant, Asian grocery market, and upstairs apartment
  • Restaurant and market equipment included, including refrigerators, freezers, ovens, woks, hood, and grease traps
  • Renovated 3‑bedroom, 2‑bathroom apartment with new flooring, appliances, paint, and fixtures

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Locksmith Clothing & Fashion Store Restaurant Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

3,512
Businesses Nearby
295k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 36% Dining 21% Shops & Services 20% Groceries 18%
Target Superstores
106,363 visits/mo 0.5 miles
Safeway Groceries
51,691 visits/mo 0.3 miles
ARCO Shops & Services
18,590 visits/mo 0.2 miles
Shake Shack Dining
12,657 visits/mo 0.3 miles
Philz Coffee Dining
9,562 visits/mo 0.3 miles

Demographics for 95818, CA

22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value

Market

Vacancy Rate% for Retail in Sacramento, CA

7.7% 2019
7.7% 2020
7.1% 2021
6.9% 2022
6.5% 2023
6.7% 2024
6.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Turnkey food-service and grocery improvements accompany a renovated three-bedroom apartment with dedicated rear parking.
Where is this mixed-use property located?
The property is located at 2016-2018 16th Street Sacramento, CA.
What are key features of this property?
This property features: Mixed‑use property with restaurant, Asian grocery market, and upstairs apartment; Restaurant and market equipment included, including refrigerators, freezers, ovens, woks, hood, and grease traps; Renovated 3‑bedroom, 2‑bathroom apartment with new flooring, appliances, paint, and fixtures
More about this property
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