Discover the endless possibilities of 1823 14th Street, a versatile and strategically located property in the heart of Sacramento's thriving R Street Corridor. This two-story, 31,266 SF office building sits on a 19,200 SF parcel, offering multiple pathways for investors, owner/users, developers, and tenants to create value.
- FOR LEASE: The entire office building is available for lease at just $1.00 per square foot, NNN. With its generous size and flexible layout, the property is ideally suited for professional, creative, or collaborative office use.
- DEVELOPMENT OPPORTUNITY: With RMX-SPD zoning that allows up to an 8:1 Floor Area Ratio (FAR), the site allows for up to 153,600 square feet of development. Imagine transforming this property into a mixed-use destination that aligns with the growing demand for urban living, retail, and office spaces in Downtown Sacramento.
Location:
Situated in Sacramento’s premier creative and cultural district, 1823 14th Street benefits from an unparalleled location:
- Proximity to the Ice Blocks: Just two blocks from the Ice Blocks, one of Sacramento’s most vibrant mixed-use developments, featuring trendy dining, boutique shopping, and dynamic workspaces.
- Urban Amenities at Your Doorstep: Walking distance to an array of Sacramento’s best restaurants, coffee shops, fitness studios, and entertainment venues.
- Excellent Accessibility: Close to major transit lines, bike-friendly streets, and freeway access, making it convenient for employees, residents, and visitors.
The property’s generous zoning and 19,200 SF parcel provide a unique opportunity to reimagine the space with new construction. Developers can capitalize on the increasing demand for urban residential units, boutique office spaces, and experiential retail concepts.
- Mixed-Use Potential: Combine retail, office, and residential spaces to create a lively urban hub.
- Residential Development: Perfectly positioned for market-rate or affordable multifamily housing projects.
- Creative Redevelopment: Ideal for innovative uses such as coworking hubs, boutique hotels, or creative office campuses.
Why 1823 14th Street?
This property offers the best of all worlds: immediate income potential, a strategic location with high visibility and access, and a blank canvas for long-term development. Whether you're seeking a stabilized asset, a centrally located office building, or a large-scale development opportunity, this property checks every box.