Skip To Content
    Return to Previous Page

    515 Michigan Boulevard

    West Sacramento, CA 95691
    • $980,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 20071983
    UPDATED: 71 min ago
    $980,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Doctor's medical building for sale. responsible by a long term huge doctors group always leased full for 10 years and pay rent on time, according to the lease down stair $3708.-/m upstair $$3200 per mon , $82,896.-per yr. 5 years lease with renewal and 3% increase annually. West Sacramento lack of medical buildings, this out patients center is really valuable for investor hard to find, Rental income such stable like this, super easy to manage : tenants pay everything, owners take care of property taxes and insurance. easy access to freeway I-80. close to down town Sacramento and hospitals. 8 miles away from UC Davis.Cap rate is about 7.2%+.

    Monthly Payment Calculator



    © 2021 MetroList® MLS. All rights reserved. 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 last updated 2021-01-16T20:38:13.557. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.sacramentoareahomefinder.com/homes/112421488
    Print Image

    515 Michigan Boulevard West Sacramento, CA 95691

    • Price: $980,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 20071983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    Neighborhood:
    West Sacramento S: 95691
    County:
    Yolo
    Area:
    West Sacramento S: 95691
    Property Description
    Doctor's medical building for sale. responsible by a long term huge doctors group always leased full for 10 years and pay rent on time, according to the lease down stair $3708.-/m upstair $$3200 per mon , $82,896.-per yr. 5 years lease with renewal and 3% increase annually. West Sacramento lack of medical buildings, this out patients center is really valuable for investor hard to find, Rental income such stable like this, super easy to manage : tenants pay everything, owners take care of property taxes and insurance. easy access to freeway I-80. close to down town Sacramento and hospitals. 8 miles away from UC Davis.Cap rate is about 7.2%+.
    Exterior Features

    Construction Frame Door Other Exterior Stucco Location Public Trans NearbyShopping Cntr Nearby Miscellaneous Features Ceiling Height 12Ft+Indv Thrmostat CntrlSprinkler Sys LawnSprinkler Sys LndscpOther-Rmks Parking OpenUncovered Roof Flat/Low Pitch Stories 2 Story

    Interior Features

    Air Central Floor Carpet PartialConcrete SlabTile Heat Central Loading Other-Rmks Sq Ft Space1 2000 Sq Ft Space2 1900 Sq Ft Space3 0 Sq Ft Space4 0

    Property Features

    Amenities 1 Restroom Per UnitEscalator Building Use Medical Building For Out Patients. Commercial Type Professional Income Other-Rmks Lease Terms Copy Of Agrmnt AvailCost Of Living AdjLease Available Other Expenses Other-Rmks Price Per Sq Ft Space1 1.85 Price Per Sq Ft Space2 1.68 Price Per Sq Ft Space3 0.00 Price Per Sq Ft Space4 0.00 Special Listing Condition None Tenant Pays Common Area ExpensesElectricGarbageGardenerGas/PropaneJanitorial ServicesMaintenanceSewerWater Transaction Type Sale Year Built Description Remodeled/Updated Year Lease Space1 18 Year Lease Space2 18 Year Lease Space3 0 Year Lease Space4 0 Zoning R-4 Commercial Medical Office

    Listing provided courtesy of Beatific Associates Inc.. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. 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 last updated 2021-01-16T20:38:13.557. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
    https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_20071983-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_20071983-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_20071983-2.jpg
    Logo
    Joanie Cowan - Keller Williams Realty
    548 Gibson Drive
    Roseville CA, 95678