Roseville Pad Commercial Redevelopment

1625 Douglas Boulevard, Roseville, CA

For Sale

Development Retail

$2,300,000

Price

Overview

Building Size

11,688 sqft

Lot Area

52,877 sqft

Zoning

PD16

Year Last Renovated

1979

Offered by

Gary Gallelli

Partner, Managing Director

Gallelli Real Estate

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Description

Gallelli Real Estate is the exclusive agent for the opportunity to purchase a redevelopment project located at 1625 Douglas Blvd, Roseville, CA 95661 (Placer County APN: 013-280-013) (Subject Property). The current user of the property (First Bank) will be relocating their branch to a new location to better fit the needs of their clients.

The Subject Property is at the NWC of Douglas Blvd. & Santa Clara Dr. which is a signalized intersection that is estimated to have traffic counts over 47,000 vehicles per day. This hard corner is approximately 1,700 feet (0.32 miles) from Highway 80 on/off ramps.

The Subject Property is 52,877 square feet (1.21 acres) with approximately 250 feet of frontage on Douglas Blvd. The building is 11,688 square feet and designed as a bank with several drive thru lanes. Zoning for the Subject Property is Community Commercial – PD16 which allows for a gas station or drive thru restaurant with a Conditional Use Permit (CUP). (See allowable uses on page 16 of brochure). Fee credits are available on this project reducing the redevelopment costs.