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


