1016 23rd st. 1016 23rd St 2,962 SF Vacant Office Building Sacramento, CA 95816 $1,095,000 ($369.68/SF)

INVESTMENT HIGHLIGHTS

  • Reduced price! 2,963 SF Two-Story Office Building in the heart of Midtown Sacramento
  • Prime Location in Midtown, Sacramento's dynamic business hub
  • Ownership Benefits – increased equity, tax advantages, and long-term stability
  • Creative Office Space with turn-key improvements and on-site parking. Also available for lease!
  • Surrounded by Amenities – dining, shopping, entertainment, and cultural attractions just steps away
  • Flexible Space Customization – complete control to suit your business needs

EXECUTIVE SUMMARY

Your business deserves a home that inspires creativity and productivity. This 2,963 square foot, two-story office building in the heart of Midtown Sacramento offers the perfect blend of creative office space and top amenities in the central city. Its prime location, on-site parking, and turn-key improvements are designed to elevate your business and attract top talent.
By owning this building, you gain the freedom and control to build your business on your terms, enjoying benefits such as increased equity, tax advantages, and long-term stability.
The vibrant Midtown location places you at the center of Sacramento’s most dynamic business community, surrounded by like-minded entrepreneurs and established companies.
The unparalleled amenities in Midtown, including the best dining, shopping, entertainment, and cultural attractions, are just steps away from your office. This vibrant lifestyle also makes Midtown a magnet for skilled professionals, enhancing your ability to attract top talent. Furthermore, a Midtown address elevates your business’s prestige and credibility.
Owning your space provides long-term stability, shielding your business from rising rental costs and lease renewal uncertainties. Each mortgage payment builds equity in your property, creating a valuable asset, and real estate ownership offers potential tax benefits that can boost your bottom line. The control and flexibility to customize your space to suit your business needs, without landlord restrictions, adds significant value. Additionally, commercial real estate in prime locations like Midtown often appreciates in value over time.
Your business’s next chapter starts here at 1016 23rd Street.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,962 SF
Building Class
C
Year Built
1960
Price
$1,095,000
Price Per SF
$369.68
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,481 SF
Slab To Slab
9’
Building FAR
0.97
Lot Size
0.07 AC
Zoning
C-2-SPD - General Commercial/Special Planning District
Parking
7 Spaces (2.36 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,481 SF
  • Office
  • Full Build-Out
  • Now

Large bullpen area with a private office, storage, private restrooms.

  • 2nd Floor
  • 1,481 SF
  • Office
  • Full Build-Out
  • Now

Large bullpen area with two private offices, storage, private restrooms, and an entry/waiting area.

Space Size Space Use Condition Available
1st Floor 1,481 SF Office Full Build-Out Now
2nd Floor 1,481 SF Office Full Build-Out Now

1st Floor

Size
1,481 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
1,481 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (99)

PROPERTY TAXES

  • Listing ID: 32925763

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 1016 23rd St, Sacramento, CA 95816