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Development Opportunity - Former Restaurant 1517 21st St 5,120 SF Retail Building Sacramento, CA 95811 $1,700,000 ($332.03/SF)
Investment Highlights
- Development Opportunity
- Former Bar
- California State Capitol Close Proximity
- Midtown Location
- Potential Apartments
Executive Summary
FOR SALE
Development Opportunity - Former Restaurant & Bar
*** Interior Gutted to Frame ***
1517 21st Street is in the heart of hip and diverse Midtown Sacramento. Situated between O and P streets, it is near the food hub of Sacramento scaling from trendy to
upscale dining to contemporary global cuisine. And, who can forget about the craft brew scene that has exploded in Sacramento over the past ten years. There are a mix of
independent galleries, clothing boutiques, vintage shops, several music venues as well as financial institutions and medical facilities. This Property is a premier spot for an active lifestyle and entertainment hub.
Nearby Amenities:
» Sac Brew Bike
» Old Tavern Bar & Grill
» The Sandwich Spot
» Starbucks
» Urban Yogi
» The Waterboy
» Chase Bank
» Jack’s Urban Eats
» Paesanos
» Zocalo
» BevMo
» Target
» California State Capitol
» Golden 1 Center
Development Opportunity - Former Restaurant & Bar
*** Interior Gutted to Frame ***
1517 21st Street is in the heart of hip and diverse Midtown Sacramento. Situated between O and P streets, it is near the food hub of Sacramento scaling from trendy to
upscale dining to contemporary global cuisine. And, who can forget about the craft brew scene that has exploded in Sacramento over the past ten years. There are a mix of
independent galleries, clothing boutiques, vintage shops, several music venues as well as financial institutions and medical facilities. This Property is a premier spot for an active lifestyle and entertainment hub.
Nearby Amenities:
» Sac Brew Bike
» Old Tavern Bar & Grill
» The Sandwich Spot
» Starbucks
» Urban Yogi
» The Waterboy
» Chase Bank
» Jack’s Urban Eats
» Paesanos
» Zocalo
» BevMo
» Target
» California State Capitol
» Golden 1 Center
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
5,120 SF
Building Class
C
Year Built
1910
Price
$1,700,000
Price Per SF
$332.03
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.94
Lot Size
0.06 AC
Zoning
C-2-NC - General Commercial/Special Planning District
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | 007-0252-023 | Improvements Assessment | $1,146,104 |
| Land Assessment | $424,483 | Total Assessment | $1,570,587 |
Property Taxes
Parcel Number
007-0252-023
Land Assessment
$424,483
Improvements Assessment
$1,146,104
Total Assessment
$1,570,587
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Development Opportunity - Former Restaurant | 1517 21st St
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