417 20Th StSacramento, CA 95811
- Office properties
- 2,376 SF
Property Details for 417 20Th St
- Year built
- 1880
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 2,376 SF
- Zone code
- R-1B-SPD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 003-0125-024-0000
- APU
- 301250240000
Description
This unique 1200-square-foot office space, located in the heart of Midtown Sacramento at 417 20th Street, occupies a beautifully restored historic firehouse dating back to 1880. The property is a duplex, with a quiet residential tenant occupying the upper unit, ensuring a peaceful work environment. The single-tenant office space is currently fully leased, offering a large open layout perfect for various office configurations. A small hallway leads to a full bathroom and a rear storage/break room, both of which include convenient sinks. The property's central location provides easy access to major freeways, including Highways 50, 80, and 99, making commuting a breeze. This exceptional property is ideal for businesses seeking a prestigious address in a vibrant, established neighborhood, offering a blend of historical charm and modern functionality. The space is suitable for executive offices, creative agencies, medical practices, or coworking spaces, given its adaptable layout and amenities. The building's rich history and unique character provide a distinctive setting for any business. Inquire today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $673,863
- 6.5%
- $622,028
- 7%
- $577,597
-
Comparable approach
- Method
- Valuation
- Relative Method
- $339,245
- Geo Method
- $339,245
-
Alternative Use
- Use
- Valuation
- Residential
- $771,314
- Hospitality
- $706,520
- Educational
- $587,816
- Medical
- $608,032
- Retail
- $914,380
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.5826
- Longitude
- -121.477
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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