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2nd Floor - Unit 214
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Office
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1,866 SF
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$385,000 USD
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Unit Size: 1,866 SF
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Condo Use: Office
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Price: $385,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $206.32 USD
Description
This 1,866 SF fully occupied property delivers a Net Operating Income of $27,000 annually, resulting in a 7.4% cap rate for investors. Designed for efficiency and functionality, the space offers central heating and air conditioning, a drop ceiling, and high-visibility monument signage. The interior configuration includes 10 private workspaces, two publicly accessible entry points, three secure centralized mailboxes, and two dedicated storage closets, making it well-suited for professional or administrative operations in a secure and organized setting.
Sale Notes
Prime Corner Office Condo – Sierra Sunrise Building, Auburn
Discover the standout opportunity in Auburn’s most desirable professional building: a rare corner unit with dramatically more windows and breathtaking views than other office spaces.
Unlike the interior units in the building, this spacious corner condo floods every workspace with abundant natural light. Most areas offer panoramic views of the snow-capped Sierra Mountains and the scenic American River Canyon — creating an inspiring, uplifting environment for you, your team, your customers or your tenants.
Perfect for Owner-Users or Investors
Owner-User Flexibility: Occupy all or part of the space and lease the remainder for immediate income.
Investor Opportunity: Currently divided into three separate suites generating $4,225 per month in combined rents — delivering approximately $27,000 in annual net income.
Proven Long-Term Tenants: All suites have been consistently rented for nearly 17 years.
Exceptional Design & Features
Ground-floor access directly from the building’s south entrance — no hallways for clients to navigate.
Designed for maximum flexibility: walls can be easily reconfigured to suit changing tenant or business needs (configuration diagrams available).
Approximately 65% of perimeter walls have windows — far more than most other units in the building.
New HVAC compressor units installed in December 2020.
Easy on/off access to Highway 80 with high-visibility freeway exposure.
Beautifully maintained building and grounds with a strong reserve fund.
This is a true corner gem that stands apart from the competition. Whether you’re a business owner seeking a prestigious, light-filled workspace or an investor looking for a turnkey income-producing property, this flexible condo delivers unmatched value and appeal.
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Andrew Edwards
Andrew Edwards
