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    725 30th Street

    Sacramento, CA 95816
    • $3,500,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 221026656
    UPDATED: 40 min ago
    $3,500,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,084
      SQFT
    • $232
      $/SQFT
    Type:
    Commercial
    Built:
    1984
    County:

    School Ratings & Info

    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!

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-20T11:39:02.03. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.tlcrealtors.com/homes/115576444
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    725 30th Street Sacramento, CA 95816

    • Price: $3,500,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 221026656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    15,084
    SQFT
    $232
    $/SQFT
    1984
    Built
    Neighborhood:
    Sacramento Downtown/Midtown
    County:
    Sacramento
    Area:
    Sacramento Downtown/Midtown
    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!
    Exterior Features

    Construction Materials BrickConcreteFrameWood Dock Doors 0 Loading None Num Of Floors 2 Parking Features CarportPrivateCovered Roof Flat Total Parking Spaces 38

    Interior Features

    Cooling Central Flooring Carpet Heating Central Num Of Elevators 0 Num Of Restrooms 4 Office Sq Ft 15084 Retail Sq Ft 0 Warehouse Sq Ft 0

    Property Features

    Building Features Restroom(S)-PublicOther Business Type Commercial Electric Master Electric Meter Expiration Date Auxiliary 2021-10-30 Income Includes ParkingRent Lease Deposit 0 Location NeighborhoodPublic Transportation NearbyDowntownRestaurant NearbyFreeway Nearby Num Of Offices 14 Num Of Tenants 13 Property Condition Exterior-Very GoodInterior-Good Property Subtype Office Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Tenant Pays None Utilities Internet AvailableMaster Gas MeterMaster Water Meter Water Source Public Year Renovated 0 Zoning C-2-Spd

    Listing provided courtesy of Ken Turton, Broker. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-20T11:39:02.03. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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