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$1,795,000

  • For Sale
  • Active
  • Single Family
  • 4,848 Sq. Ft.
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7121 Governors Circle presents a rare opportunity to acquire a turnkey freestanding restaurant, bar, and entertainment property in one of Sacramento's established commercial corridors. Situated on 0.73 acres with a 4,848 square foot free standing building, 36 on-site parking spaces, a fully equipped commercial kitchen, outdoor patio, stage, and a transferable Type 47 Liquor License, creating an exceptional opportunity for immediate occupancy and operation. The property has been extensively renovated with significant capital improvements, creating a turnkey opportunity for restaurant, hospitality, entertainment, brewery, sports bar, banquet, and lounge operators. A new owner can avoid the substantial costs, permitting timelines, and construction risks associated with developing or converting a comparable facility. Strategically located with immediate access to Highway 99 and Florin Road, the property offers excellent visibility, regional accessibility, and proximity to dense residential neighborhoods, major retailers, hotels, office users, and Downtown Sacramento. With the limited supply of freestanding restaurant properties featuring a transferable Type 47 Liquor License, 7121 Governors Circle presents a rare owner-user or investment opportunity with immediate operational capability and long-term upside.

Full Property Details for 7121 Governors Cir

General

  • Price: $1,795,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226091537
  • Updated: 7/19/2026
  • Added to Site: 39 day(s) ago

Business

  • Business Type: Bar/Tavern/Lounge, Restaurant, Other

Interior

  • Flooring: Tile, Combo of Materials, Linoleum, Other

Additional Information

  • Other Features: Patio, Refrigeration, Restroom(s)-Private, Hood System, Trade Fixtures, Individual Thermostat Control, Kitchen Facilities, Other

Parking

  • Total Spaces: 36
  • Parking: Uncovered

Location

  • County: Sacramento
  • Cross Streets: East Parkway
  • Driving Directions: Highway 99 to Florin Road east, right on East Parkway, right on Governors Circle. Property is on the right.
  • Location Details: Public Transportation Nearby, Freeway Nearby, Restaurant Nearby, Shopping Nearby, Other

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Meter on Site, Public
  • Utility Description: Telephone, Primary Gas Meter, Primary Water Meter, Other

Structural Information

  • Structure Type: Detached
  • Construction: Brick, Concrete, Stucco, Wood
  • Foundation: Concrete
  • Roof: Flat
  • Stories/Levels: 0
  • Square Feet: 4,848
  • Current Bldg. Use: Restaurant
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 0.73
  • Lot Size (Sq. Ft.): 31,799
  • Frontage: Highway Exposure, Other
  • Irrigation System: Public District
  • Present Use: Restaurant
  • Zoning: LC

Financial Considerations

  • Price Per Sq. Ft.: $370
  • Tenant Pays: None, Other
  • Tenant Expense: None, Other

Disclosures and Reports

  • Special Conditions: Offer As Is, None
  • APN: 042-0143-006

Listed by KW Sac Metro

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— 7121 Governors Cir —

  • KW Sac Metro

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7121 Governors Cir

School District:Sacramento City Unified School District
NameGradesDistance
Parkway Elementary School
4720 Forest Parkway, Sacramento, CA 95823
K-60.5 mi
Fern Bacon Middle School
4140 Cuny Avenue, Sacramento, CA 95823
7-80.7 mi
Luther Burbank High School
3500 Florin Road, Sacramento, CA 95823
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7121 Governors Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/19/2026
Listed
$1,795,000
273.96%
MLS
9/30/2016
Sold
$480,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7121 Governors Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,799
—
$568,214
2%
2025
$22,799
193%
$557,074
2%
2024
$7,788
3%
$546,152
2%
2023
$7,561
1%
$535,444
2%
2022
$7,479
5%
$524,946
2%
2021
$7,108
—
$514,654
1%
2020
$7,113
2%
$509,378
2%
2019
$6,979
-26%
$499,391
2%
2018
$9,448
2%
$489,600
2%
2017
$9,287
37%
$480,000
-3%
2016
$6,761
2%
$494,579
2%
2015
$6,643
2%
$487,151
2%
2014
$6,502
—
$477,609
—
2013
$6,490
—
$475,451
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by KW Sac Metro

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7121 Governors Circle, Sacramento, CA 95823 (MLS# 226091537) is a Single Family property with 0 bedrooms and 0 full bathrooms. 7121 Governors Circle is currently listed for $1,795,000 and was received on July 19, 2026. Want to learn more about 7121 Governors Circle? Do you have questions about finding other Single Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.

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