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9292-9298 Madison Ave
Orangevale, CA 95662 Outer Folsom/Orangevale/Fair Oaks

$384,492 USD

Medical Condo For Sale  •  1,500 SF

Property Details

  • Property Type Medical
  • Total Building Size 1,500 SF
  • Lot Size 0.09 AC
  • Building Class B
  • Year Built 1982
  • Cap Rate 3.74 %
  • Tenancy Multiple
  • Zoning SC
30 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 9298 Medical Office 1,500 SF $384,492 USD
  • Unit Size: 1,500 SF
  • Condo Use: Medical Office
  • Price: $384,492 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $256.33 USD
Description
Nestled in the thriving community of Orangevale, the location of this property offers an ideal setting for owner-occupant buyers seeking a place to establish their business. Just a short drive from Folsom Lake and the American River, the area provides a refreshing balance between work and leisure. Nearby dining options include Casa Ramos and Original Granites, while the Folsom Premium Outlets offer convenient shopping opportunities. With its attractive surroundings and promising commercial landscape, the area presents an enticing prospect for owner-occupant buyers looking to invest in a dynamic and stimulating work environment. Condo Association dues cover: all building exterior, fencing, garbage container collection, landscaping, janitorial, common area lighting, upkeep and maintenance Property was renovated and third floor space with additional office and bathroom added by previous owner who was a General Contractor (date unknown)

Sale Notes
Discover an exceptional investment or owner-occupier opportunity with the acquisition of a 1,500 SF building in the vibrant Orangevale area. Meticulously maintained and built in 1983, this property offers a solid foundation for discerning office or office building investors and owner-occupiers alike. With full occupancy and the current lease set to expire in December 2026, this opportunity provides flexibility for potential owner occupiers or a stable income stream for investors. Zoned SC, this property presents a compelling turnkey business prospect in a highly desirable location, ideal for those seeking stable returns and future growth potential.

Description

Discover an exceptional investment or owner-occupier opportunity with the acquisition of a 1,500 SF building in the vibrant Orangevale area. Meticulously maintained and built in 1983, this property offers a solid foundation for discerning office or office building investors and owner-occupiers alike. With full occupancy and the current lease set to expire in December 2026, this opportunity provides flexibility for potential owneroccupiers or a stable income stream for investors. Zoned SC, this property presents a compelling turnkey business prospect in a highly desirable location, ideal for those seeking stable returns and future growth potential.

Highlights

1,500 SF, Class B rated building
Built in 1983
100% occupancy
Lease expire in Dec 2026, tenant in interested in staying, but flexible for an owner/occupant
Cap Rate: 3.74 %

Major Tenants

Tenant SF Occupied Lease End Date
Alvin Dean Warren 1,500 SF 12/30/2026
Farmers Insurance - Susan Swetland
Ins Services
Nonna Homes
Sierra Aire

Public Transportation

AirportDriveWalkDistance
Sacramento International 39 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kurt Parkinson 916-798-4214 Coldwell Banker Commercial Realty
Kurt Parkinson 916-798-4214 Coldwell Banker Commercial Realty