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1309 I Street

Sacramento, CA 95814
  • $2,600,000
  • STATUS: Active
  • ON SITE: 299 Days
  • MLS #: 222010362
UPDATED: 10 min ago
$2,600,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $325
    $/SQFT
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Turton Commercial Real Estate is pleased to offer to the market, 1309-1315 I Street, a rare and well-located stand-alone office building in the heart of Downtown, just three blocks from the California State Capitol. The building's footprint is approximately 8,000 square feet on a combined 14,640 square foot parcel with nineteen (19) parking stalls. Perfect for an owner-user, the Property provides a new owner with rental income in place with two tenants; an association/lobbying group currently paying $11,213 per month on a full-service basis, with $0.05 per square foot annual increases, for 5,750 square feet, and four years remaining on their lease term. Additionally, the association/lobbying group currently pays $1,920 per month for twelve parking stalls. The law firm, a long-term tenant, currently pays $4,050 per month on a full-service basis, for 2,250 square feet, and is month-to-month. Additionally, the law firm currently pays $875 per month for seven parking stalls.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-11-28T06:40:20.587. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.sachousesforsale.com/homes/125250204
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1309 I Street Sacramento, CA 95814

  • Price: $2,600,000
  • Status: Active
  • On Site: 299 Days
  • Updated: 10 min ago
  • MLS #: 222010362
0
Beds
0
Baths
0
½ Baths
0.18
Acres
8,000
SQFT
$325
$/SQFT
1920
Built
Neighborhood:
Sacramento Downtown/Midtown
County:
Sacramento
Area:
Sacramento Downtown/Midtown
Property Description
Turton Commercial Real Estate is pleased to offer to the market, 1309-1315 I Street, a rare and well-located stand-alone office building in the heart of Downtown, just three blocks from the California State Capitol. The building's footprint is approximately 8,000 square feet on a combined 14,640 square foot parcel with nineteen (19) parking stalls. Perfect for an owner-user, the Property provides a new owner with rental income in place with two tenants; an association/lobbying group currently paying $11,213 per month on a full-service basis, with $0.05 per square foot annual increases, for 5,750 square feet, and four years remaining on their lease term. Additionally, the association/lobbying group currently pays $1,920 per month for twelve parking stalls. The law firm, a long-term tenant, currently pays $4,050 per month on a full-service basis, for 2,250 square feet, and is month-to-month. Additionally, the law firm currently pays $875 per month for seven parking stalls.
Exterior Features

Construction Materials BrickWood Dock Doors 0 Loading None Num Of Floors 0 Parking Features ExclusiveUncovered Road Frontage City Street Roof Other Total Parking Spaces 19.00

Interior Features

Cooling Central Flooring TileCarpetCombo Of Materials Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features 12 To 18 Ft CeilingsMultiple Tenant BuildingBeam And Post CeilingsConference RoomRestroom(S)-PrivateServer RoomSkylight(S)Individual Thermostat ControlKitchen Facilities Business Type Commercial Current Use Office Electric 200 To 400 Amp Service Income Includes ParkingRent Lease Deposit 0 Lease Term 4 Years Location Public Transportation NearbyDowntownRestaurant NearbyFreeway NearbyShopping NearbyHospital NearbyHotel/Motel NearbyLight Rail Nearby Num Of Offices 0 Num Of Tenants 0 Operating Expense Includes InsuranceUtilitiesMaintenance StructureProperty Tax Owner Pays Common Area MaintenanceContract Services Property Condition Exterior-ExcellentInterior-Excellent Property Subtype Office Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure Office Tenant Pays None Utilities Above Ground Water Source Water District Year Renovated 1905 Zoning C-2-Spd

Metrolist MLS logo Listing provided courtesy of Ken Turton, Broker: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-11-28T06:40:20.587. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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Parm Atwal Real Estate Team | Keller Williams Realty
4080 Truxel Road, Suite 100
Sacramento CA, 95834