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920 J St 9,600 SF Vacant Office Building Sacramento, CA 95814 $1,500,000 ($156.25/SF)
INVESTMENT HIGHLIGHTS
- Versatile 3-story retail/office building ideal for an owner/user or investor seeking a downtown repositioning or adaptive reuse project.
- Located adjacent to The Citizen Hotel and walking distance to the State Capitol, City Hall, DOCO, and top dining and coffee spots.
- Features a newer elevator, upgraded electrical service, roof, and HVAC systems, reducing near-term capital expenses and offering turnkey readiness.
- Rare opportunity in a supply-constrained core submarket with long-term upside through leasing, owner occupancy, or creative repositioning.
EXECUTIVE SUMMARY
The downtown retail/office building for sale presents a lucrative opportunity for investors seeking to acquire a property with strong investment potential. The building's ideal location is within walking distance to the State Capital, City Hall, Downtown Commons, and several restaurants. The property's strategic location in the heart of the city presents an opportunity for an owner/user or redevelopment project. Seller financing is available and they will also look at lease with option to purchase.
The building boasts of several features that make it an attractive investment opportunity. It has newer elevator, electrical, and roof which are critical components that ensure the smooth running of any commercial building. These features are essential in ensuring that the maintenance costs are low and that the building is fully operational at all times.
The building's proximity to key government institutions and other amenities gives it an edge over other properties in the area. This location makes it ideal for businesses that require easy access to government services or those seeking to benefit from the heavy foot traffic in the area. Additionally, the nearby restaurants provide an excellent opportunity for businesses in the food and beverage industry.
The building boasts of several features that make it an attractive investment opportunity. It has newer elevator, electrical, and roof which are critical components that ensure the smooth running of any commercial building. These features are essential in ensuring that the maintenance costs are low and that the building is fully operational at all times.
The building's proximity to key government institutions and other amenities gives it an edge over other properties in the area. This location makes it ideal for businesses that require easy access to government services or those seeking to benefit from the heavy foot traffic in the area. Additionally, the nearby restaurants provide an excellent opportunity for businesses in the food and beverage industry.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,600 SF
Building Class
C
Year Built/Renovated
1904/2015
Price
$1,500,000
Price Per SF
$156.25
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,200 SF
Slab To Slab
15’
Building FAR
0.96
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C3, Sacramento - C-3-SPD
AMENITIES
- 24 Hour Access
- Controlled Access
- Convenience Store
- Fitness Center
- Kitchen
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 006-0101-011 | Improvements Assessment | $850,000 |
| Land Assessment | $450,000 | Total Assessment | $1,300,000 |
PROPERTY TAXES
Parcel Number
006-0101-011
Land Assessment
$450,000
Improvements Assessment
$850,000
Total Assessment
$1,300,000
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