1926 Capitol Avenue

Midtown

1926 Capitol Avenue

Region: Midtown
Use: Land / Retail
Lot Size: .40 acres
Lease or Sale: Sale
Sale Price: $2,800,000

Turton Commercial Real Estate is please to exclusively offer for sale 1926 Capitol Avenue and 1316 20th Street; a two parcel (plus an abandoned public alley) assemblage totaling 17,600 SF of AAA land located on the corner of the most desirable retail development site in Midtown, Sacramento. In addition to its extraordinary location, the Property represents a cash-flowing development opportunity in the heart of Midtown. Locally preferred to as the “Tribute” site, this Property is centered on Sacramento’s most valuable urban corridor: Capitol Avenue.

The Property is an assemblage of three parcels: one primary parcel of 12,800 SF on the SW corner of 20th and Capitol Avenue, a second parcel of 3,200 SF, and the final parcel being an abandoned 1,600 SF public alley that conjoins both for a total of 17,600 SF. The corner location with C-2 zoning is in the Handle District and allows for a variety of development applications, most notably a simple, stand alone retail development of approximately 17,000 SF.

The sale price is listed at $3,500,000.

 

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