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Arden Wright Bldg. 2391 Arden Way 10,494 SF 100% Leased Office Building Sacramento, CA 95825 $1,500,000 ($142.94/SF)
INVESTMENT HIGHLIGHTS
- Prime corner location on Arden Way with exceptional visibility and high traffic counts.
- Rezoning approved for up to 20 residential units, offering strong redevelopment potential.
- Convenient access to Interstate 80 and Business Loop 80, enhancing regional connectivity.
- Flexible two-story layout approved for office use or conversion to multifamily apartments.
- Situated near Arden Fair Mall and Howe ’Bout Arden, surrounded by major retailers and dining options.
- Located in a thriving Sacramento submarket with strong demographics and robust job growth.
EXECUTIVE SUMMARY
2391 Arden Way is a stunning investment opportunity located in the thriving city of Sacramento, California. Situated on a parcel totaling 21,466 square feet, this property features a gross building area of approximately 10,494 square feet. 2391 Arden Way offers 15 office spaces on a spacious corner lot at the intersection of Arden Way and Fulton Ave. The property has also been approved for rezoning to multi-family use and could be converted into 20 units, with 14 on the second level and 6 on the first. Sacramento is the sixth-largest city in California and the 35th largest city in the United States. It is considered one of the top rental markets in both California and the nation. This is largely due to an influx of residents from the San Francisco Bay Area and strong local job growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,494 SF
Building Class
C
Year Built
1964
Price
$1,500,000
Price Per SF
$142.94
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,247 SF
Slab To Slab
9’
Building FAR
0.49
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
BP - Business Professional
Parking
33 Spaces (2.61 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Plug & Play
- Air Conditioning
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 278-0250-020 | Improvements Assessment | $414,325 |
| Land Assessment | $248,594 | Total Assessment | $662,919 |
PROPERTY TAXES
Parcel Number
278-0250-020
Land Assessment
$248,594
Improvements Assessment
$414,325
Total Assessment
$662,919
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Arden Wright Bldg. | 2391 Arden Way
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