For Sale
$1,095,000

1016 23Rd StSacramento, CA 95816

2,963 SF Creative Office, Updated 2023

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-story creative office building, located at 1016 23rd Street in Sacramento's vibrant Midtown, presents a unique investment opportunity. Boasting 2,963 square feet, the property features approximately 1481 square feet on each floor, offering ample space for a variety of business needs. Completely renovated in 2023, this turn-key property is ready for immediate occupancy. The building sits on a 3,200 square foot lot and is zoned C-2 SPD, providing flexibility for various commercial uses. The asking price is $1,095,000, translating to $370 per square foot. Built in 1967, the property benefits from recent upgrades, offering modern amenities while retaining character. On-site parking is available, a significant advantage in the bustling Midtown area. The property's prime location places it at the heart of Sacramento's dynamic business community, surrounded by diverse dining, shopping, and entertainment options, attracting top talent. Ownership offers long-term stability, shielding against rising rental costs, and provides the opportunity to build equity and potentially benefit from tax advantages. Utilities are serviced by SMUD (electricity) and PG&E (gas). The property's APN is 007-0093-0125. This is an ideal opportunity to establish a thriving business in a highly desirable location.

Highlights

  • 1st Floor: Approximately 1,481 square feet
  • 2nd Floor: Approximately 1,481 square feet
  • Electricity: Served by SMUD
  • Gas: Served by PG&E

Property Details for 1016 23Rd St

Property type
Office properties, Office space
Square Feet
2,963 SF
Year Built/Renovated
1967/2023

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5750712
Longitude
-121.4765052
1016 23Rd St, Sacramento, California

FAQs

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1016 23Rd St
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