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.
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
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$9.99
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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








PROPERTY TAXES
Parcel Numbers | Total Assessment | $3,465,799 CAD (2023) | |
Land Assessment | $600,430 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $2,865,369 CAD (2023) | Tax Year | 2024 |