Nevada Street Commerce Center 381-389 Nevada St 19,500 SF 53% Leased Retail Building Auburn, CA 95603 $4,084,511 CAD ($209.46 CAD/SF) 6.50% Cap Rate

EXECUTIVE SUMMARY

Sales Information: Nevada Street Commerce Center
Location: 381-389 Nevada Street, Auburn, CA
Seller Financing Available
Overview:
The Nevada Street Commerce Center is a prime commercial property situated in Auburn, CA. This center offers versatile space ideal for various business needs, including retail, office, and light industrial uses.
Key Features:
- Size: Approximately 19,500 Sq. ft. building on an approximately 1 acre lot
- Zoning: Commercial
- Parking: Ample parking available for customers and employees
- Accessibility: Convenient access to major highways I-80 and local amenities
- Visibility: High visibility location, attracting significant foot and vehicle traffic
Potential Uses:
- Retail storefronts
- Office spaces
- Light manufacturing
- Warehousing
-Roll Up Doors
Market Opportunity:
- Growing demand for commercial space in Auburn
- Strategic location near residential areas and other businesses
- Potential for rental income or property appreciation
- Adjacent to the main post office and across Green Acres nursery
Contact Information: 510-467-4000 or
For more details or to schedule a tour, please contact Mike Jenzeh @ 510-467-4000 or email mjenzeh@yahoo,com.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,500 SF
Building Class
C
Year Built
1980
Price
$4,084,511 CAD
Price Per SF
$209.46 CAD
Cap Rate
6.50%
NOI
$265,493 CAD
Percent Leased
53%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.92 AC
Zoning
C1-M1 - Commercial- Light Industrial
Parking
2.77 Spaces per 1,000 SF Leased
Frontage
217’ on Nevada St

AMENITIES

  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,000 SF
  • Retail
  • -
  • Now
  • 1st Floor
  • 3,200 SF
  • Industrial
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,000 SF Retail - Now
1st Floor 3,200 SF Industrial - Now

1st Floor

Size
1,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
3,200 SF
Space Use
Industrial
Position
-
Available
Now

NEARBY MAJOR RETAILERS

Dutch Bros Coffee
Grocery Outlet
Starbucks
Save Mart
Bank of America
U.S. Bank
Tri Counties Bank
Club Pilates

PROPERTY TAXES

  • Listing ID: 34777733

  • Date on Market: 2025-02-10

  • Last Updated:

  • Address: 381-389 Nevada St, Auburn, CA 95603