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
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 |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Large bullpen area with a private office, storage, private restrooms.
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 |
PROPERTY TAXES
Parcel Number | 007-0093-012 | Improvements Assessment | $140,000 |
Land Assessment | $510,000 | Total Assessment | $650,000 |