2431 Capitol Ave - Loft/Creative Space FOR SALE


Sacramento, CA 95816- Midtown Sacramento
$1,575,000 USD
916-821-9866
2431 Capitol Ave, Sacramento, CA for Sale
$1,575,000 USD
Loft/Creative Space - FOR SALE
1/39
null | Request Cap Rate

2431 Capitol Ave
Sacramento, CA 95816
Midtown Sacramento


HIGHLIGHTS

  • Highly visible corner location
  • On-site parking secured with gate
  • Capital Avenue and 25th Street
  • California State Capitol within close proximity
  • Flexible floor plan
  • Abundance of natural light

OVERVIEW

2431 Capitol Avenue is located on the northwest corner of Capitol Avenue and 25th Street and the heart of Midtown Sacramento. The property offers surface secured parking, highly visible building with signage, office space with an abundance of natural light and five air conditioning units, break room, conference rooms, offices and a large open area for the creative users. The property could be redeveloped and converted into five or six apartment units or three apartment units upstairs with retail downstairs along with potential retail opportunities.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown office property with the potential of

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Freestanding, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,950 SF

ZONING

RO-SPD

APN/PARCEL ID

007-0161-013

ASK ABOUT THIS PROPERTY

David HerreraColliersMore Info
916-821-9866

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David HerreraColliersMore Info
916-821-9866

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