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$ 600,000

Est. payment | -/mo

8,182 SqFt

Save

$ 600,000

Est. payment | -/mo

Save

8,182 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 8,182 sqft

Price per Sqft $73

Lot Size 6,173 Sqft

MLS Listing ID ML82021698

Property Description

Price Reduced $100k-Seller Motivated! Newmark, as the exclusive advisor, is pleased to present for sale 4330 24th Street, a mixed-use office/art studio building in Sacramento, California. Constructed in 1962, this pre-cast (tilt-up concrete) building is comprised of roughly 8,182 SF on 2 levels, and is currently occupied by a multitude of art/music studios and small office users. This property is 100% occupied by long term tenants on short term leases. Acquisition cap rate is 8.75%. With in-place income, this buildings size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on 24th Street, just south of Sacramento City College, 4330 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. 4311 Attawa Avenue is also for sale and can be purchased separately or together. These buildings back up to each other. Priced at $1,600,000.

Location

State CA

County Sacramento

Area Sacto South Land Park/Greenhaven

Zoning C-4

Interior

Heating Central Forced Air, Wall Furnace , Other

Cooling Central AC, Window / Wall Unit, Other

1-purchase type For Sale

Exterior

Garage Common Parking Area, Guest / Visitor Parking, Off-Street Parking

Utilities Available Master Meter , Public Utilities

Roof Type Elastomeric

Present Use Commercial,Office,Other

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Story 2

Others

Restrictions None

Tax ID 018-0053-031-0000

Security Features Controlled / Secured Access

Special Sale Not Applicable

Listed by Kelly Rivett of Cornish & Carey Commercial
Bought with Kelly Rivett of Cornish & Carey Commercial

4330 24th ST Sacramento, CA 95822

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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