Sacramento CA Real Estate & Commercial for Sale

1231 I Street, Suite 205 a is leased office condo investment situated within a professional office building in the downtown Sacramento Central Business District, and is walking distance to the State Capitol, DoCo, City Hall, and the County and Federal Courthouses. The office condo measures 1,470 square feet and features a reception area, large conference room, storage room, and open work space. The condo is currently 100% occupied by the California Rice Commission, which has leased this specific office condo since October 2011. The California Rice Commission has approximately 31 months remaining on its current lease term and has a 5-year option to extend the lease through December 3031 at a fixed rent. CA Rice is currently paying $2.45 PSF full-service which equates to $3,602 per month plus an estimated CAM reimbursement of $250 per month. The asking price is $435,000 which equates to a 5.74% capitalization rate based upon actual income and proforma operating expenses. The average annual return over the next eight years, provided CA rice extends its lease, is 5.83%. Association handles all maintenance and repair to the building; very little management responsibilities.

Welcome to the bustling heart of Downtown Sacramento, where this stunning mixed-use commercial & residential property offers an unparalleled fusion of urban living & bustling city life. Situated in the historic Mansion Flats neighborhood, characterized by its hip urban vibes & thriving energy, this property provides an unparalleled opportunity to establish your business in a dynamic environment. Location is paramount, & this property boasts a prime spot within close proximity to a variety of amenities. The abundance of nearby coffee shops, restaurants, & nightlife venues ensures that you will have access to a diverse array of dining & entertainment options. With its seamless integration of commercial & residential spaces, it presents a unique opportunity to create a dynamic live/work environment where productivity & creativity thrive. Imagine the convenience of having essential amenities & services just steps from your door, streamlining your daily operations & enhancing efficiency. This property embodies the essence of modern city living, providing a strategic location in the heart of Sacramento.

Welcome to 117 J Street, a mixed use building located in Old Sacramento Waterfront. The buildings charm and character reflect the charm and character of Old Sacramento itself. This multi story brick building offers many options either for owner use or rentable space such as office, creative, retail and more. The building features a Lower Level Basement with a built-in bar, First Floor offering street level visibility, excellent for retail, restaurant/cafe, Second Floor offices that are fully leased and Third Floor office spaces featuring exposed brick walls and lots of natural light. Centrally located, Old Sacramento is a shopping and entertainment destination and home to Sacramento's top museums such as California Railroad Museum and Sacramento History Museum attracting locals and tourists worldwide. Old Sacramento Waterfront has many special events, parades and festivals throughout the year attracting millions of visitors. It is walking distance to Golden 1 Center, home to Sacramento Kings, California State Capitol and many more Downtown attractions. Conveniently located for commute with close and easy access to Interstate 5, Highway 50 and Interstate 80.