2538 Cottage Way Sacramento, CA 95825-1916
- Retail space
- 14,434 SF
- 1.35 lot acres
Current Use by Public Records
- ATM / Atm
- Al's Liquor & Food Store / Liquor Store
- Osprey1Liquor & Food / Liquor Store
Property Details for 2538 Cottage Way
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.35 lot acres
- Property size
- 14,434 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 278-0190-057-0000
- APU
- 27801900570000
Description
This exceptional opportunity presents a well-established liquor store for sale in Sacramento, CA. Located at 2538 Cottage Way, this 2,580 square foot retail space, built in 1979 and renovated in 2006, sits on a 1.99-acre lot. The property boasts a prime location on a busy street, benefiting from high visibility and consistent foot and vehicle traffic. Its strategic placement near thriving residential and commercial areas ensures a steady stream of customers. The business enjoys a strong track record of profitability and customer loyalty, making it a turnkey operation ready for immediate success. The surrounding area demonstrates strong demographics, with a median household income of $25,000 and a consumer spending of approximately $1.2 billion within a 5-mile radius. The property is zoned LC and offers a significant opportunity for a new owner to capitalize on an already flourishing business. This Class B building presents a rare chance to acquire a profitable and established business in a high-demand location. The asking price is $1,700,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,730,000
- 6.5%
- $3,445,000
- 7%
- $3,200,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $3,695,000
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.403
- Latitude
- 38.603
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA