Rare covered land play opportunity in East Sacramento near CSU Sacramento. NNN leased commercial building with fully-entitled development project of 56 units or 66 student housing beds. Attractive income-producing retail/warehouse until redevelopment of the property. High-quality urban infill site on +/-.34 acres. Project is 6-story mixed use building with mix of 2-bed, 1-bed, studio apartments. Flexibility to be operated as either market-rate multifamily or student housing. Existing building is approx 4,960 SF 100% leased to single tenant, Jet Black Tint, on long-term NNN lease with ability for owner to terminate lease early, demolish the building, and start construction on apartments. Building consists of approx 1,800 SF showroom/office and 3,160 SF warehouse with roll-up door. Building features large glass window line, exposed trusses, corner visibility with monument signage, 14 parking stalls in an area with heavily-constrained parking availability. 6531 Folsom Blvd provides a developer an opportunity to acquire one of the most desirable sites available today walking distance to Sac State, retail, light rail, parks, grocery stores - with in-place cash flow until groundbreaking!
MLS #
ME225143826
MLS Source
MetroList Services, Inc.
Days on Site
35
# Buildings / # Units
1 / 1
Parking Spaces
0
Present Use
Retail
Utilities
Other, Water - Public
Flooring
Concrete, Linoleum
Cooling
Central Forced Air, Varies by Unit
Heating
Central Forced Air, Varies by Unit
Roof
Composition, Other
Sewer
Public Sewer
Water
Other, Public
Zoning
RMX-TO-SPD
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 1 |
6531 Folsom Blvd is a Commercial Sale in Sacramento, CA 95819. This 4,960 square foot property sits on a 0.344 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,250,000 and was built in –. This address can also be written as 6531 Folsom Blvd, Sacramento, CA 95819.
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This listing information is up-to-date as of November 13, 2025. For the most current information, please contact Patrick Stelmach, (916) 817-9148