417-427 Broadway, Sacramento, CA 95818
417-427 Broadway, Sacramento, CA 95818
417-427 Broadway, Sacramento, CA 95818
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Listed by Kelly Rivett • Cornish & Carey Commercial
$1,100,000
Est. payment /mo
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4,876 SqFt
Active

417-427 Broadway Sacramento, CA 95818

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Vivian Chen

Vivian Chen

+1(415) 350-8864

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 4,876 sqft

Price per Sqft $225

MLS Listing ID ML82038992

HOA Y/N No

Year Built 1937

Lot Size 0.287 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare MLSListings

Property Description

Newmark, as the exclusive advisor, is pleased to present a Pride of Ownership modified leased investment located at 417-427 Broadway, situated in one of Sacramentos most vibrant and electric commercial corridors. Priced at $1,100,000, this opportunity offers a 5.7% Cap Rate and features approximately 80 feet of prime Broadway frontage. The property is anchored by the iconic Jamies Broadway Grille, a local culinary staple providing a stable income stream with 4.5 years remaining on the current lease term. The investment is further strengthened by 3.5% annual rent increases and a five-year option to extend at fair market value, ensuring consistent hedge against inflation and long-term appreciation. The asset is perfectly positioned to capitalize on the massive transformation occurring along the Broadway corridor. With numerous mixed-use developments currently underway and the Broadway Complete Streets project nearing its 2026 completion, the area is evolving into a high-density, pedestrian-friendly hub. This property offers an investor the rare chance to acquire a stabilized, income-producing asset with significant intrinsic value land upside, located in a federal opportunity zone.

Location

State CA

County Sacramento

Interior

Flooring Hardwood

Fireplace No

Building

Water Public

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Vivian Chen

Vivian Chen

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+1(415) 350-8864

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417-427 Broadway

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