This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

650 Howe Ave - Building 1

8,900 SF Office Condo Unit Offered at $995,000 in Sacramento, CA 95825

Investment Highlights

  • Prime Location: Situated in the heart of Sacramento with proximity to coffee shops, restaurants, and nightlife venues.
  • Reliable Tenant: Provides rental income certainty.
  • Parking: Abundant parking available for added convenience.
  • Investment Potential: High-growth opportunity in Sacramento's expanding commercial sector.
  • Convenience: Essential amenities and services nearby streamline operations.

Property Facts

Price $995,000
Unit Size 8,900 SF
No. Units 1
Total Building Size 51,529 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 51,529 SF
Year Built 1972
Lot Size 3.04 AC
Parking Ratio 2.91/1,000 SF

1 Unit Available

Unit 1030

Unit Size 8,900 SF
Price $995,000
Price Per SF $111.80
Condo Use Office
Sale Type Investment
Cap Rate 7.26%
NOI $72,237
Description

This office condo offers rental income certainty with high growth potential. Located in the heart of Sacramento, it provides convenient access to nearby coffee shops, restaurants, and nightlife venues, ensuring a vibrant and dynamic environment. Abundant parking is available, enhancing convenience and accessibility.

Sale Notes

Great investment opportunity. Chance to own an income producing business with high growth potential in the heart of Sacramento. This office condo combines rental income certainty from a reliable tenant with the allure of Sacramento's growing commercial sector. Invest in the future of Sacramento's commercial real estate landscape. The abundance of nearby coffee shops, restaurants, and nightlife venues ensures that you will have access to a diverse array of dining and entertainment options. Imagine the convenience of having essential amenities and services just steps away from your door, streamlining your daily operations and enhancing efficiency. Abundant parking.

Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (87)
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.®

Amenities

  • 24 Hour Access
  • Courtyard
  • Central Heating
  • High Ceilings
  • Open-Plan
  • Wi-Fi
  • Air Conditioning

zoning

Zoning Code BP (Business Professional (Office & Medical Uses))
BP (Business Professional (Office & Medical Uses))
  • Listing ID: 34249051

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 650 Howe Ave, Sacramento, CA 95825

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}