Address
5044 Madison Avenue, Sacramento, CA
Price
$ 2,750,000
Property Attributes
- MLS#223054623
- TypeCommercial
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95841
- StyleRetail
- Price$ 2,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7786
- Lot Size0.5275 Acres
Data Source:
MetroList MLS
Property Description
5044 Madison is a ~7,750sf retail strip center located at the high-traffic and very visible intersection of Madison Avenue and Auburn Boulevard in the Madison/80 submarket. Situated amid many significant community and neighborhood retail centers, the Property is anchored by a provider of AT&T cellular phone service and accessories, with Verizon Wireless at the opposite corner, and major traffic drivers like Target, Dollar Tree and Chipotle nearby. Investment upside exists through the leasing of vacant space or acquisition by an owner-user.
| Price History | |
|---|---|
| 6/14/2023 | Listed $3,495,000 |
| 9/30/2023 | 15% - $2,995,000 |
| 1/12/2024 | 9% - $2,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | MultiUnits |
| Cooling | Varies by Unit |
| Utilities | Telephone,Natural Gas Connected |
| Roof | Flat |
| Construction Materials | Block |
| Year Built | 1976 |
| Electric | 200 to 400 Amp Service |
| Tenant Pays | Sewer,Electricity,Taxes,Gas,Trash Collection,Grounds Care,Water,Maintenance |
| Topography | Upslope |
| Loading | None |
| Property SubType | Retail |
| Location | Neighborhood,Public Transportation Nearby,Freeway Nearby,Restaurant Nearby,Hospital Nearby,Shopping Nearby,Strip Center |
| Business Type | Other |
| County | Sacramento |
| Property Type | CommercialSale |
| Building Features | Multiple Tenant Building,See Remarks |
| Close Price | 0.0 |
| Status | Active |
| Directions | Property located at the southeast corner of Madison Avenue and Auburn Boulevard in Sacramento's 95841. |
| City | Sacramento |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | Retail |
| Total Units | 4 |
| MLS Area | 10841 |
| Lot Size Square Feet | 22978.0 |
| Street Name | Madison |
| Standard Status | Active |
| Year Built Source | Assessor Auto-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Varies by Unit |
|---|---|
| Total Stories | 1 |
| Street Suffix | Avenue |
Exterior Features
| Parking Features | Uncovered |
|---|---|
| Lot Features | Low Maintenance |
| Water Source | Public |
| Total Parking | 0.0 |
| Number of Buildings | 1 |
| Building Area Total | 7786.0 |
| Lot Size Acres | 0.5275 |
| Lot Size Source | Assessor Auto-Fill |
| Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 95841
Price
Visits
Year Built
Walkscore
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: May 5, 2024 3:54 PM UTC 