MLS® ID: 18060603

515 Michigan Boulevard

West Sacramento, California, 95691

$980,000 Active
  • - SQFT
Newer Medical office always leased 100% full for 16 years. 2012 owner spent $250,000.- upgraded the property. leasable 3900 square feet. 2 story building second floor has outside stair case access. or inside stair case with one passenger chair lift . Very steady income , down stair doctor's lease, due in 2021, and up stair doctor's lease due in 2022. Down stair $3,700.-/m upstair $3,200./m.. Owner paid sewer, Property tax and insurance, tenants pay rest of the expenses. Very High cap 7.28%. .monthly income $6,900.-/m $82,800.-/yr. gross. It is very valuable of commercial property. Come and see this great opportunity. First come first serve.
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Overlay Logo Listing courtesy of Beatific Associates Inc.

Amenities

  • Zip
    95691
  • Office name
    Beatific Associates Inc.
  • Property type
    Professional
  • Zoning type
    R-4
  • Lot size
    0
  • Heating
    Central
  • Agent name
    Alice Liu
  • Purchase Type
    Active
  • Price Range
    $900k-$1m
  • Acreage Range
    < 0.25
  • Office ID
    01BEAA
  • Agent ID
    SLIUALIC

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