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818 K St
Sacramento, CA 95814
Kress Bldg · Office Property For Sale
PROPERTY FACTS
ABOUT 818 K ST , SACRAMENTO, CA 95814
Global I.N. Inc. is proud to offer to a very select group of qualified investors the opportunity to acquire the Kress building, a world class asset and prime development in the heart of Downtown Sacramento. Built in 1931, and designed by architect John Fleming in a classic Art Deco motif, the Kress building is a beautiful six story structure with a striking granite and Terra Cotta exterior. As one of Sacramento’s very first “high rises”, the Kress Building was an important milestone in the city’s urbanization and prominent feature of the city’s skyline for decades. Ideal development for this world class asset is street level retail with 36 luxury lofts plus penthouse for the upper floors; and a high end rooftop restaurant venue city-scape view. Lower space would serve as nightclub venue. Resale value upon completion is $32 Million. Proforma available with Offering Memorandum.
