Citrus Heights Homes with Retail Property Subtype

Welcome to Citrus Heights, California—a vibrant city that perfectly blends suburban charm with urban convenience. Nestled in Sacramento County, Citrus Heights boasts a rich history, a strong sense of community, and a variety of amenities that make it an ideal place to live, work, and play. With its prime location just 20 miles northeast of Sacramento, residents enjoy easy access to the bustling capital while relishing the peaceful ambiance of their own neighborhoods.

Citrus Heights is known for its diverse housing options, making it an attractive destination for families, young professionals, and retirees alike. Among these options, homes with retail property subtypes stand out as a unique investment opportunity. Imagine owning a charming residence that also features a retail space, allowing you to operate a small business right from your home. This dual-purpose property type is perfect for entrepreneurs looking to minimize commuting time and maximize convenience.

The city is home to a variety of shopping centers, parks, and recreational facilities, ensuring that residents have everything they need within reach. The Citrus Town Center and Sunrise Mall offer an array of shopping and dining experiences, while the numerous parks provide ample opportunities for outdoor activities and family gatherings.

Citrus Heights is not just a place to live; it’s a community that fosters growth and connection. Whether you're seeking a cozy home with retail potential or simply looking to explore the charm of this delightful city, Citrus Heights welcomes you with open arms. Discover the possibilities that await in this thriving Sacramento suburb today!

Newest Citrus Heights Homes with Retail Property Subtype

$1,388,888

226120819 MLS

WHAT IF YOUR NEXT COMMERCIAL INVESTMENT HAD MORE POTENTIAL THAN MEETS THE EYE? Welcome to 7530 Auburn Boulevard Aloha Plaza in Citrus Heights, where location, existing income, and future possibilities come together. This approximately 5,288 SF retail/office property sits on approximately 0.50 acre, strategically located just mile from Highway 80 with approximately 3.82 parking spaces per 1,000 SF. And here's where the opportunity gets interesting The property is currently occupied by three tenants, while the existing configuration offers the potential to create up to Four separate leasable spacesopening the door to multiple strategies for the right buyer. Investor? Explore the potential to increase and diversify rental income. Owner-user? Consider occupying space while generating income from other portions of the property. Value-add buyer? Take a closer look at the existing layout and explore what may be possible. Commercial broker? This is one your investor and owner-user clients will want to see. Built in 1980, Aloha Plaza combines established tenancy with a location positioned near Highway 80 and the Auburn Boulevard commercial corridor. THE NUMBERS ARE WORTH A LOOK. Based on projected income of $98,306, projected operating expenses of $23,661, and projected NOI of approximately $74,645, the property offers a projected 5.37% cap rate at the $1,388,888 asking price. Mortgage and interest expenses are excluded from NOI in the cap-rate calculation. But the numbers are only part of the story. The real question is: What could you do with the space? Whether you're looking for an investment, an owner-user opportunity, or a property with the potential to create additional income streams, 7530 Auburn Boulevard deserves a closer look. Your Next Best Move starts with a conversation. Buyer to independently verify all information, measurements, permitted uses, tenant information, lease terms, development/reconfiguration potential, and financial projections.

7530 Auburn Boulevard, Citrus Heights

Listing courtesy of eXp Realty of California Inc..

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