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Grocery Store with Apartments Above

2120 Main Street Susanville, CA 96130

2120 Main Street, Susanville, CA, 96130
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Grocery store, butcher shop, and apartments in Susanville, CA.

Property Size6,000 SF
Price / SF$250
AddedFeb 17
Days on Market149
Last RefreshJul 16 at 5:11 am

Property Features for 2120 Main Street

General Information

Standard status
Active
Size
6,000 SF
Property subtype
Retail

Building Details

Year Built
1927

Listing office Smith Properties Susanville

Listing date Feb 17, 2026

Source Crexi

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 Smith Properties Susanville


Investment Insights

Based on property information with market context.

The property features a grocery store and butcher shop on the first floor, which has been a family-run business since 1968. The business is available with or without the real estate. A parking lot is located on the north side of the building. A separate building in the back serves as storage and a freezer room for processed meat. Upstairs, there are four apartments that currently generate a total rental income of $2,700 per month. The building encompasses over 6,000 square feet and is located in Susanville, CA. The property is the home to Idaho Grocery and Butcher Shop and is the only game and meat processing facility in Lassen County. The real estate is listed separately.

Key Highlights

  • Established business: Successfully run butcher shop and grocery store since 1968.
  • Income potential: Four apartments upstairs generate $2,700 per month in rental income.
  • Large building: Over 6,000 square feet.

Local 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 $102.2k $17.04
− Vacancy −$5.9k −$0.99
EGI $96.3k $16.05
− OpEx −$24.1k −$4.01
NOI $72.2k $12.04
6,000 SF · lease $17.04/SF/yr · vacancy 5.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.03M
$902.9K – $1.20M (±1% cap)
NOI $72,233 @ 7.0% cap · market cap 4.82%
Second Best
Retail
$993.6K
$869.4K – $1.16M (±1% cap)
NOI $69,552 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,200 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Idaho Butcher Shoppe Take-out & Catering

Suggested Use

Locksmith HVAC Service Garden Center (Bike/Boat/Book/etc) Store Electrical Service Butcher Building Supply Veterinary Clinic Pet Grooming Service Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Safeway — 2970 Main St, Susanville, CA 96130
  • Grocery Outlet — 1616 Main St, Susanville, CA 96130

FAQs

What type of property is this?
Grocery and convenience store - Grocery store, butcher shop, and apartments in Susanville, CA.
Where is this grocery and convenience store located?
The property is located at 2120 Main Street Susanville, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Established business: Successfully run butcher shop and grocery store since 1968.; Income potential: Four apartments upstairs generate $2,700 per month in rental income.; Large building: Over 6,000 square feet.
Contact an agent
(530) 257-2441 Call to check price and availability
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