1415 21st St - Loft/Creative Space FOR SALE


Sacramento, CA 95811
$2,275,000 USD
916-573-3308
1415 21st St, Sacramento, CA for Sale
$2,275,000 USD
Loft/Creative Space - FOR SALE
1/12
null | Request Cap Rate

1415 21st St
Sacramento, CA 95811


HIGHLIGHTS

  • Two story mixed-use office and retail/restaurant building
  • Mid-century modern building underwent a full renovation in 2010
  • All new mechanical infrastructure inclusive of HVAC, electrical, and plumbing
  • Offers tenants rare on-site covered parking
  • 1st fl is leased by the legendary Zelda’s Gourmet Pizza which has occupied the building for the last 30 years

OVERVIEW

Turton Commercial Real Estate is pleased to bring to the market for sale a rare mixed use opportunity located at 1415 21st Street (the “Property”) in the heart of Midtown Sacramento. The Property is a ±6,249 square foot, two story mixed-use office and retail building. Built in 1969, the mid-century modern building underwent a full renovation in 2010 including a new roof, new exterior façade, retail storefront, updated lobby and common area, and all new mechanical infrastructure inclusive of HVAC, electrical, and plumbing. The ground floor is currently leased by the legendary Zelda’s Gourmet Pizza which has occupied the building for the last 30 years, but the restaurant space can be delivered vacant for a buyer. The second story office space is nicely demised into two suites. With ±2,200 square feet of modern move-in ready space perfect for an owner-user looking for a creative office environment consisting of multiple private offices, conference room, break area, and open workspace with impressive skylights throughout the suite. The southern half has been occupied by Quadriga Landscape for the last five years. The Property offers tenants rare on-site covered parking, an important and scarce amenity in Midtown. Additional monthly parking can be obtained at a multi-level parking garage one block away, at the corner of 21st Street and Capitol Ave. Free two-hour parking is available along N Street and 30-minute metered parking stalls are available in front of the Property on 21st Street for clients. The Property is located a stone’s throw from countless amenities, including Temple Coffee, the MARRS Building (home to LowBrau, Nektar, Goodnews Wine, Azul, and Peet’s Coffee), Kupros, The Waterboy, Jack’s Urban Eats, The Federalist Public House, Alaro Brewery, and N Street Cafe. Furthermore, the Property can take advantage of a handful of service-based amenities within four blocks including Midtown Association, Chase Bank, UPS Store, dry cleaning, and various hair and nail salons.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Zeldas

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C-2

APN/PARCEL ID

007-0251-024

ASK ABOUT THIS PROPERTY

Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

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Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

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