1016 23rd St - Office/Residential FOR SALE


Sacramento, CA 95816
$1,095,000 USD
916-612-5314
1016 23rd St, Sacramento, CA for Sale
$1,095,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

1016 23rd St
Sacramento, CA 95816


HIGHLIGHTS

  • 2,963 SF Two-Story Office Building in the heart of Midtown Sacramento
  • Creative Office Space with turn-key improvements and on-site parking
  • Prime Location in Midtown, Sacramento's dynamic business hub
  • Surrounded by Amenities – dining, shopping, entertainment, and cultural attractions just steps away
  • Ownership Benefits – increased equity, tax advantages, and long-term stability
  • Flexible Space Customization – complete control to suit your business needs

OVERVIEW

Your business deserves a home that inspires creativity and productivity. This 2,963 square foot, two-story office building in the heart of Midtown Sacramento offers the perfect blend of creative office space and top amenities in the central city. Its prime location, on-site parking, and turn-key improvements are designed to elevate your business and attract top talent. By owning this building, you gain the freedom and control to build your business on your terms, enjoying benefits such as increased equity, tax advantages, and long-term stability. The vibrant Midtown location places you at the center of Sacramento’s most dynamic business community, surrounded by like-minded entrepreneurs and established companies. The unparalleled amenities in Midtown, including the best dining, shopping, entertainment, and cultural attractions, are just steps away from your office. This vibrant lifestyle also makes Midtown a magnet for skilled professionals, enhancing your ability to attract top talent. Furthermore, a Midtown address elevates your business’s prestige and credibility. Owning your space provides long-term stability, shielding your business from rising rental costs and lease renewal uncertainties. Each mortgage payment builds equity in your property, creating a valuable asset, and real estate ownership offers potential tax benefits that can boost your bottom line. The control and flexibility to customize your space to suit your business needs, without landlord restrictions, adds significant value. Additionally, commercial real estate in prime locations like Midtown often appreciates in value over time. Your business’s next chapter starts here at 1016 23rd Street.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1016 23rd st.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,202 SF

ZONING

C-2-SPD

APN/PARCEL ID

007-0093-012

ASK ABOUT THIS PROPERTY

Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.