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Updated about 6 years ago, 10/18/2018

User Stats

84
Posts
10
Votes
Jeremy Williams
  • Lender
  • Sacramento, CA
10
Votes |
84
Posts

Impact Fees?? - Converting Residential to Commercial...

Jeremy Williams
  • Lender
  • Sacramento, CA
Posted

Hello,

Longer version

I'm doing some research on a property zoned general commercial (C2) in Sacramento, CA.  It's been used as residential since 2003 and the last permit pulled according to the city was for residential sewer replacement.  

The idea: I'll be converting/doing a commercial remodel to turn this place into a barbershop. There's a separate upstairs unit with it's own entrance that will remain residential. Planning says this is allowed but it will come down to building with requirements.  When I spoke to building they threw a ton of info at me which all makes sense (fire barrier requirements, etc). On to the unknown...

The possible issue: I'm comfortable with permit costs and calculating those.  I know these won't get out of hand but have no clue what impact fees might cost me.  I know new construction can be expensive but existing structures? I'm guessing they'll look at sewer, parking, traffic, environmental maybe? Anyone have any insight/estimate on the cost on this?  $5,000-10,000 wouldn't be a deal killer but if I start to get over $15,000-20,000 that could definitely hurt

TLDR: version is I'm buying a property zoned commercial with current residential use, property will be remodeled commercial, change of use will be filed and I have no idea what impact fees will be.

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