Address
725 30th St Sacramento, CA
Price
$ 3,500,000
Property Attributes
- MLS#221026656
- TypeCommercial
- CountySACRAMENTO
- CitySacramento
- Area10816
- Zip95816
- StyleOffice
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15084
- Lot Size0.44 Acres
Listing Provided Courtesy Of:
Jon M. Lang CalBRE# - 01934934 with Ken Turton, Broker
Data Source:
California Metrolist Inc
Property Description
High profile value-add office investment in the heart of East Sacramento for sale. Approximate 15,000 square foot office building that is currently 95% leased to 13 office tenants between 500 and 3,000 square feet each. Building is situated on an approximate 19,334 SF parcel of land, which contains 38 on-site parking stalls (11 of which are covered). Average rent is $1.46 PSF, while avg. market rent is about $2.15 PSF (50% higher). Add immediate value with cosmetic upgrades and increasing rents. New TPO membrane roof installed in 2015 and other infrastructure is in good, working condition. Walk to McKinley Park, the Fab 40's, or Midtown. Located one block from Business 80 on/off ramps, providing easy access to most of Sacramento. Building is priced at $234 PSF, but it would cost no less than $375 PSF to build the same building today. Priced significantly below replacement cost!
| Price History | |
|---|---|
| 3/29/2021 | Listed $3,500,000 |
General Features
| Building Features | Restroom(s)-Public, Other |
|---|---|
| Business Type | Commercial |
| Construction Materials | Brick, Concrete, Frame, Wood |
| Cooling | Central |
| Electric | Master Electric Meter |
| Floor # | 2 |
| Flooring | Carpet |
| Heating | Central |
| Location | Neighborhood, Public Transportation Nearby, Downtown, Restaurant Nearby, Freeway Nearby |
| MLS Area | 10816 |
| Parking Features | Carport, Private, Covered |
| Property SubType | Office |
| Property Type | Commercial Sale |
| PropertyCondition | Exterior-Very Good, Interior-Good |
| Roof | Flat |
| Sewer | Public Sewer |
| Status | Active |
| Tenants | 13 |
| Total Units | 14 |
| Zoning Description | C-2-SPD |
Interior Features
| Floors | 2 |
|---|---|
| Office Sqft | 15084 |
| Offices | 14 |
| Restrooms | 4 |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 15084 |
|---|---|
| Lot Size Acres | 0.4438 |
| Lot Size Source | Verified |
| Lot Size Square Feet | 19334 |
| Number of Buildings | 1 |
| Parking Ratio | 2.71 |
| Total Parking | 38 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 95816
Price
Visits
Year Built
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