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Description

A fully occupied multi-tenant retail property positioned on a prime signalized corner at S. Main Street and 16th Street offers excellent visibility and strong daily traffic. Zoned M2, the asset allows for flexible uses with minimal landlord responsibilities, making it easy to manage. Near-term lease flexibility creates an opportunity for an owner-user or SBA buyer, while the in-place income supports a stable investment in a highly walkable, transit-oriented urban location.

Listing Details

  • Cap Rate

    4.19%

  • Tenancy

    Multi

  • Space Type

    retail

  • Sub Category

    convenience-store / grocery-store

  • Sale Type

    Investment Sale

  • Date Listed

    4/8/2026

  • Investment Type

    Owner User

  • Net Operating Income

    $201,075

  • Building FAR

    0.98

Property Specifics

  • Property Name

    1600 S Main St

  • Property Class

    C

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    1948

  • Building Size

    10,199 SF

  • Lot Size

    0.24 Ac

  • Year Renovated

    2015

  • APN

    5133-014-001

  • Zoning

    LAM2

  • Occupancy

    100%

Property Amenities

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation