1614 K Street – Land
1614 K Street Land
Lot Size: .15 acres
Lease or Sale: Sale
Sale Price: $400,000
Turton Commercial is pleased to present an extremely rare urban infill opportunity located in the center of Sacramento.
ArtSpace Alley parcel is an approximate 6,400 SF parcel off the K Street L Street Alley. The Property is in an opportunity zone and just two blocks away from beautiful State Capitol Park, and major site development neighboring the coolest restaurants in town such as FireStone and Devere’s, to name but a few.
Please see above for conceptual preliminary elevations. This building is 12 studio units of approximately 550 SF each on its own 6,300 SF parcel and can be developed by right with the normal design review process at city planning within a 30-60 day contingency period.
** Elevations subject to change with further refinements by our client’s architects. Seller is completing the process with SHRA and the ownership of the neighboring SRO building to relinquish the parking easement currently in place.
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Use: Retail / Office / Restaurant
Lease or Sales: Lease
Leasable SF: 3,162 - 7,143 SF
Lease Rate: $1.50 - 3.50 SF/Month
Lot Size: 2.56 acres
Lease or Sales: Lease & Sale
Sale Price: $17,000,000