CA > Sacramento
Sacramento, CA 95811,1221 19th ST
Sacramento, CA 95811,1221 19th ST,Video Tour
Sacramento, CA 95811,1221 19th ST
Sacramento, CA 95811,1221 19th ST
Sacramento, CA 95811,1221 19th ST
Sacramento, CA 95811,1221 19th ST
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Christa Proctor

Christa Proctor

+1(916) 612-3733
$ 1,225,000
Est. payment | /mo

3,202 Sqft Lot

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$ 1,225,000
Est. payment | /mo
Save Virtual Tour

3,202 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225138256

HOA Y/N No

Year Built 1920

Lot Size 3,202 Sqft

Acres 0.0735

Property Sub-Type Retail

Source MLS Metrolist

Property Description

Turton Commercial Real Estate is pleased to present for sale this centrally located stand-alone restaurant investment at 1221 19th Street, currently home to Midtown Sacramento's beloved Sunny Side Restaurant. The Property consists of an approximately 2,260 SF restaurant located in the heart of Midtown near the intersection of 19th and Capitol Avenue, surrounded by a bustling environment with neighboring restaurants such as Zocalo, Paesano's, Mulvaneys, Chipotle, Jack's Urban Eats, Alaro Craft Brewing, and more! The restaurant is currently leased to Sunny Side Restaurant, a local favorite Asian American brunch attraction, whose current lease in place provides an investor with an attractive 6.48% in place return against the purchase price of $1,225,000. Sunny Side's lease also provides an investor with attractive annual 3% increases throughout the remainder of the lease term, a passive triple-net lease structure, and remaining term of approximately 3.5 years, with a lease expiration of April 30, 2029. Upon lease expiration, the Tenant has two 5-year lease extension options set at Fair Market Value, with annual 3% increases remaining, making this a very passive investment for years to come.

Location

State CA

County Sacramento

Area 10811

Direction down 19th street towards capitol. Left side past mulvaney's

Location Details Downtown

Interior

Heating Ductless

Cooling Ductless

Flooring Tile, Concrete

Exterior

Parking Features Street

Utilities Available Above Ground, Separate Gas Meter, Sewer Connected

Water Access Desc Public

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 007-0143-015-0000

Special Listing Condition Probate Listing

Virtual Tour https://my.matterport.com/show/?m=RoNn1qPKra9

MetroList® Services, Inc
Listed by Ken Turton, Broker

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Christa Proctor
Christa Proctor

Realtor® | Lic# 1935217

+1(916) 612-3733

915 Highland Pointe Drive, #250, Roseville, CA, 95678, USA

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1221 19th ST