2001 P St
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2001 P St
8,814 SF Office Building Sacramento, CA 95811 £1,896,024 (£215/SF)
Investment Highlights
- Prominent corner location with monument signage.
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to offer for sale a beautiful two-story office building in the
Midtown neighborhood of Sacramento. Totaling approximately 8,814 rentable square feet, this property includes a
basement that provides an additional approximate 1,400 SF for storage. Located on a prominent corner in Midtown,
the office building is close to the recent infill developments of the R Street Corridor and one block from 377 new
housing units.
The property has been completely reconstructed by the current ownership. This effort has earned an Architectural
Achievement Award.
Investment Highlights:
Prime Location: Occupying a prominent corner spot, the building boasts monument signage, enhancing visibility and branding for businesses. Its location is unparalleled, nestled within walking distance to a plethora of retail and dining options, new residential developments, and notable in-fill projects such as the 15th & R Street project and the Ice Blocks, cultivating a lively and engaging environment for both clients and employees.
Comprehensive Renovation: The building has undergone a thorough renovation, incorporating energy-efficient upgrades throughout. These enhancements not only modernize the property but also significantly reduce operating costs, adding value and sustainability for the long term.
Exclusive Amenities: Among its many features, the building offers an inviting outdoor patio area and individual office spaces designed to cater to a variety of business needs. The inclusion of high-end furniture and custom cabinetry underscores the property's commitment to luxury and professionalism.
Versatile Basement Level: The presence of a basement level opens up a range of possibilities for storage or alternative uses, adding a layer of functionality and flexibility to the property.
Convenient On-Site Parking: A rare find in the Midtown submarket, the property includes on-site parking, offering an invaluable convenience for employees and visitors alike, and distinguishing the building from other offerings in the area.
This offering represents a turnkey solution for businesses seeking a prestigious address combined with the practical benefits of a fully improved and strategically located office building. With its extensive renovations, luxury finishes, and unmatched location, 2001 P Street promises to be a valuable asset for its new owner, providing a solid foundation for growth and success in Sacramento's dynamic business landscape.
Midtown neighborhood of Sacramento. Totaling approximately 8,814 rentable square feet, this property includes a
basement that provides an additional approximate 1,400 SF for storage. Located on a prominent corner in Midtown,
the office building is close to the recent infill developments of the R Street Corridor and one block from 377 new
housing units.
The property has been completely reconstructed by the current ownership. This effort has earned an Architectural
Achievement Award.
Investment Highlights:
Prime Location: Occupying a prominent corner spot, the building boasts monument signage, enhancing visibility and branding for businesses. Its location is unparalleled, nestled within walking distance to a plethora of retail and dining options, new residential developments, and notable in-fill projects such as the 15th & R Street project and the Ice Blocks, cultivating a lively and engaging environment for both clients and employees.
Comprehensive Renovation: The building has undergone a thorough renovation, incorporating energy-efficient upgrades throughout. These enhancements not only modernize the property but also significantly reduce operating costs, adding value and sustainability for the long term.
Exclusive Amenities: Among its many features, the building offers an inviting outdoor patio area and individual office spaces designed to cater to a variety of business needs. The inclusion of high-end furniture and custom cabinetry underscores the property's commitment to luxury and professionalism.
Versatile Basement Level: The presence of a basement level opens up a range of possibilities for storage or alternative uses, adding a layer of functionality and flexibility to the property.
Convenient On-Site Parking: A rare find in the Midtown submarket, the property includes on-site parking, offering an invaluable convenience for employees and visitors alike, and distinguishing the building from other offerings in the area.
This offering represents a turnkey solution for businesses seeking a prestigious address combined with the practical benefits of a fully improved and strategically located office building. With its extensive renovations, luxury finishes, and unmatched location, 2001 P Street promises to be a valuable asset for its new owner, providing a solid foundation for growth and success in Sacramento's dynamic business landscape.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
8,814 SF
Building Class
B
Year Built/Renovated
1990/1994
Price
£1,896,024
Price Per SF
£215
Tenancy
Single
Number of Floors
2
Typical Floor Size
4,407 SF
Slab to Slab
10 ft
Building FAR
0.70
Land Acres
0.29 AC
Zoning
C-2-NC - General Commercial/Special Planning District
Parking
12 Spaces (1.17 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Courtyard
- Signage
- Basement
- Air Conditioning
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Number | 007-0246-010 | Improvements Assessment | £834,456 |
Land Assessment | £241,628 | Total Assessment | £1,076,084 |
PROPERTY TAXES
Parcel Number
007-0246-010
Land Assessment
£241,628
Improvements Assessment
£834,456
Total Assessment
£1,076,084
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