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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2016-2018 16Th St Sacramento, CA 95818

2,530 SF 0.07 ac lot Built 1925
Property ID
Property summary
AI-generated overview

This exceptional Midtown Sacramento property offers a unique investment opportunity combining a fully equipped, turnkey restaurant and market with a renovated, income-generating apartment. The 2,530 square foot building, constructed in 1925 and completely renovated in 2023, sits on a 0.073-acre lot (APN 009-0151-009-0000) and is zoned C-2-SPD. The ground floor encompasses a thriving restaurant and market, complete with all necessary equipment including refrigerators, freezers, stoves, ovens, woks, a hood system, and grease traps. The business is currently operational and includes the option to retain the existing name and branding. The upper level features a recently renovated three-bedroom, two-bathroom apartment, currently leased for $2,100 per month until October 31, 2024. The property boasts excellent visibility at the intersection of 16th and T Streets, benefiting from high traffic volume and a strong residential population. A rear parking pad accommodates up to six vehicles. The location offers easy access to major freeways (I-5, Hwy 50, Hwy 80, and Hwy 99), numerous nearby restaurants, and is within proximity to Southside Park and The Ice Blocks. This is an owner-user opportunity with significant potential for continued success and rental income. The asking price is $1,280,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 2,530 SF
Lot 0.07 ac (3,180 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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