2101 K StSacramento, CA 95816

This ±25,600 square foot office building sits on a prime 1.04-acre lot in Sacramento's Midtown neighborhood at the northeast corner of 21st and K Streets. The property, offered at $7,900,000 ($308.59/SF), presents a significant redevelopment opportunity. The single-story building, constructed in 1947 with renovations in 1993 and 2011, features unique barrel truss roofs. Zoned C-2-SPD, it allows for multi-story office, retail, or mixed-use development up to 85 feet. The land itself is valued at $174 per square foot. The location boasts high visibility, with an average daily traffic count of approximately 16,200 vehicles. It's within walking distance of the Capitol, Downtown Commons, and Golden 1 Center, and offers convenient access to public transportation. The property includes 49 parking spaces. This is a rare chance to acquire a substantial site in a thriving, highly sought-after area. The building is currently vacant, providing flexibility for future development plans. Its proximity to the Midtown Arts, Retail & Restaurant Scene adds to its appeal. Easy access to the Capitol City Freeway ensures regional connectivity.