Street-Access Retail
500 N Street Unit 102 Sacramento, CA 95814
500 N Street Unit 102, Sacramento, CA, 95814
$450,000
For Sale
$450,000
Street-level storefront condo with an extensive frontage and partial cafe buildout, plus one parking spot in the building garage.
Property Size785 SF
Price / SF$573.25
Days on Market298
Property Features for 500 N Street Unit 102
General Information
- Standard status
- Active
- Size
- 785 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing agency
RE/MAX Gold
2019247
Listed by
Ranga Pathak · License #01364897
2019247
Source
Xome
Added: Sep 29, 2025 Updated: Jul 22 at 4:07PM Checked: Jul 22 at 4:07PM
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 RE/MAX Gold
Investment Insights
Based on property information with market context.
This street-access retail condo is located on the first floor of a 15-story building and features immediate entry from the street along with an extensive storefront. The space is partially built out as a cafe, and a buyer can re-apply for the permit and complete the construction.
The property is in Sacramento near the State Capitol and numerous downtown attractions, with a surrounding concentration of apartment units. The building contains more than 100 apartment units, and there are nearly 900 apartment units in the immediate area per the remarks.
The unit includes one parking spot in the building’s open-air garage. An adjacent unit is also available for sale. Information on owner association (OA) dues has not been provided by the owner.
The property is in Sacramento near the State Capitol and numerous downtown attractions, with a surrounding concentration of apartment units. The building contains more than 100 apartment units, and there are nearly 900 apartment units in the immediate area per the remarks.
The unit includes one parking spot in the building’s open-air garage. An adjacent unit is also available for sale. Information on owner association (OA) dues has not been provided by the owner.
Key Highlights
- Street‑level storefront condo on busy N Street with immediate street access and extensive frontage
- Partially built out as a cafe; buyer can re‑apply for the permit and complete construction
- Located on the first floor of a 15‑story building with 100+ apartment units
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 | $20.7k | $26.40 |
| − Vacancy | −$1.0k | −$1.32 |
| EGI | $19.7k | $25.08 |
| − OpEx | −$4.9k | −$6.27 |
| NOI | $14.8k | $18.81 |
785 SF · lease $26.40/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$210.9K
$184.6K – $246.1K
NOI $14,766 @ 7.0% cap · market cap 3.28%
Second Best
Retail
$173.9K
$152.2K – $202.9K
NOI $12,175 @ 7.0% cap · market cap 2.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
500 N Street
Condominium Complex
Golden Light Hypnosis
Alternative Medicine Practice
StratiCo LLC
Corporate Office
Healing from Infidelity ...
Alternative Medicine Practice
Patrick Heuer
Condominium Complex
Similar For Sale Nearby
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- Scorpio Coffee — 1905 16th St, Sacramento, CA 95811
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FAQs
What type of property is this?
Coffee shop - Street-level storefront condo with an extensive frontage and partial cafe buildout, plus one parking spot in the building garage.
Where is this coffee shop located?
The property is located at 500 N Street Unit 102 Sacramento, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Street‑level storefront condo on busy N Street with immediate street access and extensive frontage; Partially built out as a cafe; buyer can re‑apply for the permit and complete construction; Located on the first floor of a 15‑story building with 100+ apartment units
