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Multi-tenant retail mixed use property 2217-2223 10th St

7,644 SF 14% Leased Retail Building Sacramento, CA 95818 £1,525,778 (£200/SF) 6.41% Net Initial Yield

Investment Highlights

  • Restaurant on-site
  • 2nd Floor Offices
  • California State Capitol within 7-8 blocks
  • On-site Parking
  • Retail Ground Floor

Executive Summary

2217 10th Street is a multi-tenant retail mixed use building located in downtown Sacramento within close proximity to the California state capitol, I-5, highway 80, highway 50 and highway 99 interchanges. The property offers three tenant mix on the ground floor including a restaurant, florist and a retail boutique shop along with three large offices on the second floor. There is off-site parking surrounding the back of the building how long with high visible Frontage along 10th street.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,644 SF
Building Class
C
Year Built/Renovated
1958/2018
Price
£1,525,778
Price Per SF
£200
Net Initial Yield
6.41%
NOI
£97,806
Percent Leased
14%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
0.92
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
C-2-SPD - General Commercial/Special Planning District
Frontage
75 ft on 10th St

Amenities

  • Bus Route
  • Signage
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (91)
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.®

Nearby Major Retailers

CrossFit
Golden 1 Credit Union
Starbucks
Pure Barre
Chase Bank
Sourdough & Co.
CycleBar
Mendocino Farms
Philz Coffee, Inc.
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-0193-024
Land Assessment
£456,688
Improvements Assessment
£610,301
Total Assessment
£1,066,989
  • Listing ID: 29919321

  • Date on Market: 30/10/2023

  • Last Updated:

  • Address: 2217-2223 10th St, Sacramento, CA 95818

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