Law Offices 1903 21st St 4,200 SF Vacant Office Building Sacramento, CA 95811 $1,300,000 ($309.52/SF)

Turton Commercial is pleased to present the opportunity to acquire fee simple interest 1903 21st Street, Sacramento (the “Property”). The Property is a stately and historical “Queen Anne Victorian” building located at the corner of 21st and S Streets in Midtown. While originally constructed as a single-family residence and used as such for nearly a century, the Property was converted to a commercial office building in the 1980s. Since that time, the Property has been predominantly used as a law office. The Property has been meticulously maintained since its construction in 1897 and still features many of the period-specific details and design aesthetic of that period.
The Property is being offered for lease and sale as an owner-user user opportunity. The Property can be delivered completely vacant and ready for the buyer to occupy shortly following closing. However, the Property can also function as an investment as there are four tenants on month-to-month leases that would likely remain in the building after closing. Further, the underlying commercial zoning permits by right single and multi-family residential uses in the building; therefore, the City of Sacramento would likely support converting the Property back to a residential use.
The Property currently features 9 large executive offices across three floors as well as a large conference room, open workspace, three bathrooms (including one full bathroom with shower) and a kitchen. The Property benefits from 8 on-site parking stalls including one ADA stall, with a path of travel directly to the ground floor. The Property also has an ADA lift from the public sidewalk leading to the ground floor entrance.