By Sara Beth Williams– — A real estate mogul who owns a significant amount of property in the city and region has closed escrow on a vacant anchor store on Auburn Boulevard.
Ethan Conrad Properties recently closed escrow on a Citrus Heights shopping center anchor store located at 8481 Auburn Blvd., the Business Journal reported. The property sold for $1.5 million.
The building, which has been vacant for some time, once housed Smart & Final, before the grocer closed in 2019 and moved locations to a new building on the opposite side of Citrus Heights. Following the grocer’s departure, a discount store took residence in the space for several years before also vacating in favor of a smaller store front in May of 2025…