920 20th St
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920 20th St
12,986 SF 10% Leased Office Building Sacramento, CA 95811 $2,200,000 ($169/SF) 6.88% Cap Rate
Investment Highlights
- 1st Floor Fully Leased - Generating ~$90,876 in Year 1
- Across from the MARRS Building - Home to Midtown Farmers' Market
- 2nd Floor Available for Owner-User - 5,865 SF
- 7 on-site parking stalls available
Executive Summary
Turton Commercial Real Estate is pleased to present the opportunity to purchase an income producing creative office and retail building located at 920 20th Street (the “Property”). Located in the epicenter of Midtown, Sacramento, 920 20th Street is one of the most prominent, visible, walkable and desirable locations at the northwest corner of 20th and J Streets.
The Property features approximately 11,281 square feet of office and retail space, across two floors. The first floor is fully leased to three tenants, generating approximately $90,876 in year 1 rental income. The second floor, which is approximately 5,865 square feet, is available for an owner/user or investor. The Property also features seven (7) on-site parking stalls, a rare amenity for Midtown.
Truly the cultural epicenter and entertainment district for the entire city, any business located in 920 20th Street will benefit from immediate access to Midtown’s best amenities. The Property also sits immediately adjacent to Northern California’s largest and most visited farmer’s market. The visibility provided from both J and 20th Streets presents one of the best opportunities for prominent branding in all of the urban core. The Property is well-suited for a creative firm, trade association, union, law firm, non-profit, or other business that benefits from being near Sacramento’s cultural hub.
Creative office buildings in Midtown rarely hit the market for sale. 920 20th Street presents an exceptional opportunity to own a property in a location where not only is the daily quality of life the best in the urban core, but the Building can be used for recruiting, retention and branding too. Great space leads to great ideas, and draws in the best people.
The Property features approximately 11,281 square feet of office and retail space, across two floors. The first floor is fully leased to three tenants, generating approximately $90,876 in year 1 rental income. The second floor, which is approximately 5,865 square feet, is available for an owner/user or investor. The Property also features seven (7) on-site parking stalls, a rare amenity for Midtown.
Truly the cultural epicenter and entertainment district for the entire city, any business located in 920 20th Street will benefit from immediate access to Midtown’s best amenities. The Property also sits immediately adjacent to Northern California’s largest and most visited farmer’s market. The visibility provided from both J and 20th Streets presents one of the best opportunities for prominent branding in all of the urban core. The Property is well-suited for a creative firm, trade association, union, law firm, non-profit, or other business that benefits from being near Sacramento’s cultural hub.
Creative office buildings in Midtown rarely hit the market for sale. 920 20th Street presents an exceptional opportunity to own a property in a location where not only is the daily quality of life the best in the urban core, but the Building can be used for recruiting, retention and branding too. Great space leads to great ideas, and draws in the best people.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
12,986 SF
Building Class
C
Year Built
1910
Price
$2,200,000
Price Per SF
$169
Cap Rate
6.88%
NOI
$151,360
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,493 SF
Slab To Slab
11’
Building FAR
1.36
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
C2, Sacramento - General Commercial
Parking
7 Spaces (0.54 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2 parking spaces on site
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 3,000-5,865 SF | Office | - | Now |
2nd Fl-Ste 200
| Size |
| 3,000-5,865 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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2nd Fl-Ste 200
| Size | 3,000-5,865 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2 parking spaces on site
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Walk Score ®
Walker's Paradise (98)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 007-0014-018 | Improvements Assessment | $1,914,287 |
| Land Assessment | $496,363 | Total Assessment | $2,410,650 |
PROPERTY TAXES
Parcel Number
007-0014-018
Land Assessment
$496,363
Improvements Assessment
$1,914,287
Total Assessment
$2,410,650
1 of 28
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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920 20th St
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