200 N 16th Street
North Sacramento
200 N 16th Street
Region: North Sacramento
Use: Industrial / Retail
Lot Size: 4.29 acres
Lease or Sale: Sale
Sale Price: $4,990,000
Turton Commercial Real Estate is pleased to offer the Sacramento Produce Terminal Building at 200 N 16th Street, a unique, U-Shaped single story, 72,341-85,000 rentable square foot masonry and wood frame building with distinct architectural appeal located in the heart of Sacramento’s most dynamic infill development submarket with over THREE BILLION DOLLARS in investment underway.
The Subject Property is situated on a 4.29-acre parcel within an Opportunity Zone. It is being offered at a price of $4,990,000 representing a $69 per building square foot and $26.75 per land square foot. The Property represents a true value-add opportunity for a range of commercial real estate investors.
The 16th Street frontage, U-shaped building, roll up doors, loading docks, bow-truss ceilings, architectural features and the sheer volume of major development projects that surround the property make this a very unique purchase opportunity.