1700 V ST, Sacramento, CA 95818
1700 V ST, Sacramento, CA 95818
1700 V ST, Sacramento, CA 95818
1700 V ST, Sacramento, CA 95818
1700 V ST, Sacramento, CA 95818
1700 V ST, Sacramento, CA 95818
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,050,000
Est. payment | /mo

3,593 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

3,593 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,593 sqft

Price per Sqft $292

MLS Listing ID ML81972984

HOA Y/N No

Year Built 1900

Annual Tax Amount $11,550

Lot Size 3,327 Sqft

Property Sub-Type Triplex

Property Description

Seller may carry a 1st MTG! An investor/user opportunity to acquire 1700 V Street, 2-story mixed-use building located in downtown Sacramento, California. This building is located on the southeast corner of 17th and V Street, and is comprised a convenience store ( Nick's Market) and 3 apartment units. Nick's Market, a longtime cornerstone market, occupies the ground floor commercial space and is comprised of approximately1,390 square feet. This lease expires in January 2027, with no options to renew. This allows a user opportunity to operate the c-store or lease to an market operator at twice the amount of current rate. Three apartment units occupy the remaining space within the building, with one studio unit on the ground floor, and two-2/1 apartment flats on the second story. The studio is approximately 400 square feet, and is occupied by a long term month-to-month tenant paying 50% under market, presenting immediate income upside. Upstairs, there are are two/2bed/1bath apartment flats that were beatifically remodeled in 2024. Building/unit renovations include but are not limited to: New exterior paint, new central heat/air, dual pane windows, refer, stove, faucets, lighting, luxury plank flooring, interior paint, toilet, hardware, doors, etc. The building is 100% occupied.

Location

State CA

County Sacramento

Area 699 - Not Defined

Zoning R-3A

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Gas Cooktop, Microwave

Exterior

Parking Features Off Street

Garage Spaces 1.0

Garage Description 1.0

View Y/N No

Roof Type Composition

Accessibility None

Total Parking Spaces 2

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Sacramento City Unified

Others

Tax ID 00902150260000

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kelly Rivett Cornish & Carey Commercial #01249433

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.