601 T St | Sacramento, CA 95811
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- LoopNet Team
601 T St
Sacramento, CA 95811
Southside Lofts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8+ years remaining on an NNN lease with annual increases attached to CPI index
- Approved plans in hand for two additional ADUs adjacent to the property, contact broker for further details
- The interior residential units are a mix of a 3 bed, 1 bath and a 1 bath studio; both have laundry in their units
- Major capital improvements recently made, creating a passive income stream with strong rental demand poised for rent growth
- The subject property is located in an Opportunity Zone, with tax incentives to develop the ADUs
- Southside Park is located one block away, a short drive to the state capital and several retail amenities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,286 SF
Building Class
C
Year Built/Renovated
1908/2021
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.03
Lot Size
0.07 AC
Zoning
R3A, Sacramento - Neighborhood Commercial
Frontage
PROPERTY TAXES
| Parcel Number | 009-0062-021 | Improvements Assessment | $999,600 |
| Land Assessment | $428,400 | Total Assessment | $1,428,000 |
PROPERTY TAXES
Parcel Number
009-0062-021
Land Assessment
$428,400
Improvements Assessment
$999,600
Total Assessment
$1,428,000
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