650 Howe Ave - Building 1 8,900 SF Office Condo Unit Offered at $995,000 in Sacramento, CA 95825
INVESTMENT HIGHLIGHTS
- Prime Location: Situated in the heart of Sacramento with proximity to coffee shops, restaurants, and nightlife venues.
- Reliable Tenant: Provides rental income certainty.
- Parking: Abundant parking available for added convenience.
- Investment Potential: High-growth opportunity in Sacramento's expanding commercial sector.
- Convenience: Essential amenities and services nearby streamline operations.
PROPERTY FACTS
| Price | $995,000 |
| Unit Size | 8,900 SF |
| No. Units | 1 |
| Total Building Size | 51,529 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 51,529 SF |
| Year Built | 1972 |
| Lot Size | 3.04 AC |
| Parking Ratio | 2.91/1,000 SF |
| Zoning | BP - Business Professional (Office & Medical Uses) |
AMENITIES
- 24 Hour Access
- Courtyard
- Central Heating
- High Ceilings
- Open-Plan
- Wi-Fi
- Air Conditioning
1 UNIT AVAILABLE
Unit 1030
| Unit Size | 8,900 SF |
| Price | $995,000 |
| Price Per SF | $111.80 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| NOI | $72,237 |
DESCRIPTION
This office condo offers rental income certainty with high growth potential. Located in the heart of Sacramento, it provides convenient access to nearby coffee shops, restaurants, and nightlife venues, ensuring a vibrant and dynamic environment. Abundant parking is available, enhancing convenience and accessibility.
SALE NOTES
Great investment opportunity. Chance to own an income producing business with high growth potential in the heart of Sacramento. This office condo combines rental income certainty from a reliable tenant with the allure of Sacramento's growing commercial sector. Invest in the future of Sacramento's commercial real estate landscape. The abundance of nearby coffee shops, restaurants, and nightlife venues ensures that you will have access to a diverse array of dining and entertainment options. Imagine the convenience of having essential amenities and services just steps away from your door, streamlining your daily operations and enhancing efficiency. Abundant parking.
