Downtown Roseville Retail and
For Sale
Contact for pricing
246 Vernon St, Roseville, CA
Multi-tenant retail and restaurant building in Downtown Roseville.
Property Size4,980 SF
Lot Size0.10 Acres
Price / SF$316.27
Days on Market906
Property Features for 246 Vernon St
General Information
Standard status
Active
Size
4,980 SF
Lot size
0.10 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
Roseville Heights
Listing Agency:
TRI Commercial | Roseville
(916) 677-8000
Listed By:
Steve Park · License #01472232
(916) 792-1462
Source:
Moodyscre
Added: May 7, 2024
Changed: Oct 26
Last Checked: Oct 28 at 12:03PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$84,441
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,820
$1.7M
Cap Rate 7%
$1,206,300
$1.2M
Cap Rate 9%
$938,233
$938.2K
Market Conditions
NOI Build-Up for 4,980 SF
Gross rent
$119.5K $24.00/SF
− Vacancy
−$6.9K −$1.39/SF
EGI
$112.6K $22.61/SF
− OpEx
−$28.1K −$5.65/SF
NOI
$84.4K $16.96/SF
Area
Roseville, CA
Vacancy
5.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,820
Cap Rate 7%
$1,206,300
Cap Rate 9%
$938,233
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.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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
