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1231 I St 2,318 SF Office Condo Unit Offered at $850,000 in Sacramento, CA 95814
Investment Highlights
- ±2,318 SF first-floor office condominium in Downtown Sacramento’s Central Business District
- Rare owner-user opportunity in one of Downtown Sacramento’s few office condominium projects
- West-facing exposure with floor-to-ceiling windows and views toward Downtown Sacramento and the Capitol Mall skyline
- Located approximately 3 blocks from the California State Capitol and City Hall and 4 blocks from the Gordon D. Schaber Sacramento County Courthouse
- Floor plan includes 6 private offices, 1 general office, conference room, reception, break area, and open workspace
- Directly across from the Sheraton Grand parking garage and one block from the Memorial Garage, where monthly parking is available
Executive Summary
1231 I Street is comprised of 15 separate office condos, most of which are owned by the occupant. Other owners in the building include several associations, law firms, and lobbying firms. The building is approximately 3 blocks from the California State Capitol, 3 blocks from City Hall, and 4 blocks to the Gordon Schaber Court-house. The building is also located directly across the street from the Sheraton Grand Parking Garage and one block from the Memorial Garage, where the current owner leases monthly parking spaces. 1231 I Street is one of only a handful of office condo projects in Downtown Sacramento, and the only property that can accommodate owner-occupants that need less than 7,000 square feet. As such, the building is a highly desirable and scarce place to own and occupy an office condo in the central business district.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
The Condo measures approximately 2,318 SF and features a combination of six (6) private offices with great window line, one general office, a conference room, reception, break area and open space.
Sale Notes
Turton Commercial Real Estate is pleased to present the opportunity to purchase 1231 I Street, Suite 100 (the “Con-do”), a 2,318 rentable square foot office condo located in the Downtown Sacramento Central Business District. The Condo is a unique opportunity for a business, association, or non-profit to purchase and occupy, or lease, an office that is walking distance to the State Capitol and surrounding area.
The Condo is located within 1231 I Street in Sacramento, a professionally managed office building with modern “I beam” construction and floor-to-ceiling windows on all four sides of the building. The Condo is located on the first floor with west-facing exposure and views of the Downtown and Capitol Mall skyline. The Condo measures approximately 2,318 SF and features a combination of six (6) private offices with great window line, one general office, a conference room, reception, break area and open space.
The Condo is located within 1231 I Street in Sacramento, a professionally managed office building with modern “I beam” construction and floor-to-ceiling windows on all four sides of the building. The Condo is located on the first floor with west-facing exposure and views of the Downtown and Capitol Mall skyline. The Condo measures approximately 2,318 SF and features a combination of six (6) private offices with great window line, one general office, a conference room, reception, break area and open space.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 2,318 SF | Office | $850,000 ($366.70/SF) | - |
Unit 1
| Unit Size |
| 2,318 SF |
| Condo Use |
| Office |
| Price |
| $850,000 ($366.70/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 2,318 SF |
| Condo Use | Office |
| Price | $850,000 ($366.70/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| The Condo measures approximately 2,318 SF and features a combination of six (6) private offices with great window line, one general office, a conference room, reception, break area and open space.</li></ul> | |
| Sale Notes | |
| Turton Commercial Real Estate is pleased to present the opportunity to purchase 1231 I Street, Suite 100 (the “Con-do”), a 2,318 rentable square foot office condo located in the Downtown Sacramento Central Business District. The Condo is a unique opportunity for a business, association, or non-profit to purchase and occupy, or lease, an office that is walking distance to the State Capitol and surrounding area.<br> <br> The Condo is located within 1231 I Street in Sacramento, a professionally managed office building with modern “I beam” construction and floor-to-ceiling windows on all four sides of the building. The Condo is located on the first floor with west-facing exposure and views of the Downtown and Capitol Mall skyline. The Condo measures approximately 2,318 SF and features a combination of six (6) private offices with great window line, one general office, a conference room, reception, break area and open space.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 54,000 SF | Typical Floor Size | 16,000 SF |
| Property Type | Office (Condo) | Year Built | 1975 |
| Building Class | B | Lot Size | 0.55 AC |
| Floors | 4 | Opportunity Zone |
Yes
|
| Zoning | C2 - General Commercial | ||
| Total Building Size | 54,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 16,000 SF |
| Year Built | 1975 |
| Lot Size | 0.55 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 - General Commercial |
Amenities
- Bus Line
- Signage
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
70/100
Very bikeable
80/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| California Rice Commission |
-
|
Jan 0000
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1231 I St