Use: Multifamily / Retail / Office / Land
Lot Size: 0.59 acres
Lease or Sale: Sale
Sale Price: $1,600,000
13C (the “Property”) is 25,600 square feet land centrally located on the southeast corner of 13th Street and C Street. The Property consists of two (2) parcels, APN: 002-0084-001-0000; 002-0084-002-0000, with the current zoning designation: M-1. The Property is a quarter of a city block, measuring approximately 160 feet long and approximately 160 feet wide.
The Property is a rare corner location in a highly desirable neighborhood setting. In the epicenter of Midtown and Downtown Sacramento, the Property is mere blocks from 16th Street and 12th Street which are two main arterial streets of Downtown and 12 blocks from the Golden 1 Center, DOCO, nightlife, restaurants, as well as major employment centers. The Property provides walkability to most of the urban core, without sacrificing ancillary parking options, privacy, or noise.
The Property is an excellent development opportunity that can potentially yield up to ± 70 units in a project of five stories. The sale of the Property includes an existing clean Phase I and Phase II report. The Property provides many viable options for a project, including high-density multifamily, mixed-use, or residential condos.
There is an existing warehouse structure located on the 1310 C Street property which could provide the developer potential income to help cover holding costs while planning/designing a future project.
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Use: Retail / Office / Restaurant
Lease or Sales: Lease
Leasable SF: 1,035 - 7,143 SF
Lease Rate: $1.50 - 3.25 SF/Month
Use: Office / Retail
Lease or Sales: Lease & Sale
Building Size: ±47,638 SF Sale Price: $21,750,000
Leasable SF: 2,101 - 15,366 SF
Lease Rate: $2.85 SF/Month