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Arcade Building 1008 2nd St

15,128 SF 100% Leased Retail Building Sacramento, CA 95814 $2,800,000 ($185/SF)

Investment Highlights

  • Historic District of Old Sacramento
  • Walking distance from Downtown Sacramento, DoCo and Golden 1 Center
  • Near Universities, UC Davis Hospital and Sacramento Int'l Airport

Executive Summary

4-Story Historic Building previously known as the Arcade Hotel located in a popular Commercial Strip and tourist spot in Sacramento,CA. The building has several leased commercial spaces, Residential/Office Units in the upper floors and an underground event venue that has a beautiful brick courtyard perfect for occasions such as weddings, corporate parties and private events.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,128 SF
Building Class
C
Year Built/Renovated
1875/2021
Price
$2,800,000
Price Per SF
$185
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.89
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C-3-SPD - CENTRAL BUSINESS DISTRICT/SPECIAL PLANNING DISTRICT

Amenities

  • Courtyard
  • Security System
  • Air Conditioning
  • Balcony
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Joe's Crab Shack
Yard House
Starbucks
Teriyaki Madness
California Bank & Trust
The YMCA
Il Fornaio
Morton's, The Steakhouse
Chase
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
006-0071-043
Land Assessment
$447,372
Improvements Assessment
$697,068
Total Assessment
$1,144,440
  • Listing ID: 27046912

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 1008 2nd St, Sacramento, CA 95814

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