920 20Th StSacramento, CA 95811

Property Details for 920 20Th St

Year built

1910

Property size (Sq ft)

5,865 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional executive office building at 920 20th Street in Sacramento, CA, presents a unique owner/user or investment opportunity. The property boasts 11,281 square feet of space, with the first floor fully leased, generating approximately $90,876 in annual rental income (Year 1). The second floor, comprising approximately 5,865 square feet, is currently available. Built in 1910 and renovated in 2007, this building features seven on-site parking spaces – a rare amenity in Midtown. Located at the northwest corner of 20th and J Streets, the property benefits from high visibility and walkability, situated in the heart of Midtown's cultural and entertainment district, adjacent to a major farmer's market. The C-2-SPD zoning allows for a variety of uses, making it ideal for creative firms, trade associations, law firms, non-profits, or other businesses seeking a prominent location. The asking price is $2,200,000, with a price per square foot of $195. The lot size is 9,600 square feet, and the building currently has 48% occupancy. This is a rare chance to acquire a well-positioned, income-generating property in a highly desirable area of Sacramento. The property's prime location and unique features make it an excellent investment for both owner-users and investors seeking a strong return. The building's prominent location offers unparalleled branding opportunities.

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5772

Longitude

-121.48

FAQs

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