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1200 R St
Sacramento, CA 95811
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,594 SF
Building Class
C
Year Built/Renovated
1945/2015
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.71 AC
Zoning
RMX-SP
Parking
56 Spaces (2.28 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site

About 1200 R ST , SACRAMENTO, CA 95811

The property is strategically located on R Street, in the center of Sacramento’s R Street Corridor. A former rail-based industrial activity hub, the R Street Corridor has transitioned into a vibrant destination for Sacramento artists, retailers, and restauranteurs. The district is emerging as one of the city’s trendiest, drawing a predominantly young crowd to the restaurants, coffee shops, bars, and salons that are transforming the R Street Corridor into a transit-oriented, mixed-use development district with an arts-and-culture focus. The property is directly next to the Warehouse Artist Lofts, also known as WAL, a 116-unit mixed-income community for artists, located in a renovated historic warehouse. Other notable tenants in the area include trendy restaurants, bars, and entertainment venues, including long-standing Sacramento staples like Fox and Goose, Ace of Spades, and Old Ironsides. The property is also near R Street Market, anchored by Safeway, the only full-service grocery store in the central city. The property is also close to a number of development projects, including several new apartment communities, a farm-to-fork neighborhood market, and the Ice Blocks, a mixed-use development featuring retail, residential, and office space. The property is centrally located less than a mile from downtown Sacramento, the California State Capitol, and the newly constructed Golden 1 Center, home of the NBA’s Sacramento Kings. The property is also close to three of the region’s largest freeways—Interstate 5 (193,400 AADT), Highway 50 (260,000 AADT), and Highway 99 (231,700 AADT)—as well as major community amenities, like the 627-bed UC Davis Medical Center, and notable schools, including California State University Sacramento (30,670 students) and Sacramento City College (23,680 students). Additionally, the property is located in a densely populated area near major employment centers; in total, 344,037 residents live and 285,919 daytime employees work within a five-mile radius of the property.

Property Taxes

Property Taxes

Parcel Number
009-0081-023
Land Assessment
$5,164,851
Improvements Assessment
$6,425,388
Total Assessment
$11,590,239
  • Listing ID: 13725864

  • Date on Market: 9/7/2018

  • Last Updated:

  • Address: 1200 R St, Sacramento, CA 95811

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