1309 I Street, Sacramento, CA 95814

$2,600,000
8,000
SqFt
List Price
$2,600,000
MLS#
222010362
Status
ACTIVE
Living Sq. Ft
8,000
Square Footage
8000
Type
Commercial
Zip
95814
City
Sacramento

Property Description

Turton Commercial Real Estate is pleased to offer to the market, 1309-1315 I Street, a rare and well-located stand-alone office building in the heart of Downtown, just three blocks from the California State Capitol. The building's footprint is approximately 8,000 square feet on a combined 14,640 square foot parcel with nineteen (19) parking stalls. Perfect for an owner-user, the Property provides a new owner with rental income in place with two tenants; an association/lobbying group currently paying $11,213 per month on a full-service basis, with $0.05 per square foot annual increases, for 5,750 square feet, and four years remaining on their lease term. Additionally, the association/lobbying group currently pays $1,920 per month for twelve parking stalls. The law firm, a long-term tenant, currently pays $4,050 per month on a full-service basis, for 2,250 square feet, and is month-to-month. Additionally, the law firm currently pays $875 per month for seven parking stalls.

Additional Information

Land Area (Acres)
0.1837
Year Built
1920
Subtype
Office
Stories
0
Misc
12 to 18 Ft Ceilings, Multiple Tenant Building, Beam and Post Ceilings, Conference Room, Restroom(s)-Private, Server Room, Skylight(s), Individual Thermostat Control, Kitchen Facilities
Cooling
Central
Heat
Central

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ken Turton, Broker.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2022 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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