Address
725 30th St Sacramento, CA
Price
$ 3,500,000
Property Attributes
  • ID#221026656
  • TypePending
  • CountySACRAMENTO
  • CitySacramento
  • Area10816
  • Zip95816
  • StyleOffice
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15084
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Jon M. Lang CalBRE# - 01934934 with Ken Turton, Broker
Data Source:
MetroList - 47 -CA
Property Description

High profile value-add office investment in the heart of East Sacramento for sale. Approximate 15,000 square foot office building that is currently 95% leased to 13 office tenants between 500 and 3,000 square feet each. Building is situated on an approximate 19,334 SF parcel of land, which contains 38 on-site parking stalls (11 of which are covered). Average rent is $1.46 PSF, while avg. market rent is about $2.15 PSF (50% higher). Add immediate value with cosmetic upgrades and increasing rents. New TPO membrane roof installed in 2015 and other infrastructure is in good, working condition. Walk to McKinley Park, the Fab 40's, or Midtown. Located one block from Business 80 on/off ramps, providing easy access to most of Sacramento. Building is priced at $234 PSF, but it would cost no less than $375 PSF to build the same building today. Priced significantly below replacement cost!

Price History
3/29/2021 Listed $3,500,000

General Features

Building Features Restroom(s)-Public, Other
Business Type Commercial
Construction Materials Brick, Concrete, Frame, Wood
Cooling Central
Electric Master Electric Meter
Floor # 2
Flooring Carpet
Heating Central
Location Neighborhood, Public Transportation Nearby, Downtown, Restaurant Nearby, Freeway Nearby
MLS Area 10816
Property SubType Office
Property Type Commercial Sale
PropertyCondition Exterior-Very Good, Interior-Good
Roof Flat
Sewer Public Sewer
Status Pending
Tenants 13
Total Units 14
Zoning Description C-2-SPD

Interior Features

Floors 2
Office Sqft 15084
Offices 14
Restrooms 4
Total Stories 2

Exterior Features

Building Area Total 15084
Lot Size Acres 0.4438
Lot Size Source Verified
Lot Size Square Feet 19334
Number of Buildings 1
Parking Features Carport, Private, Covered
Parking Ratio 2.71
Total Parking 38
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95816

Price
AVG $970K
$3.5M
Visits
AVG 60
192
Year Built
AVG 1950
1984
Walkscore
AVG 88
93
Data Provided by Walkscore ® not using MLS data

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