2020 K Street

Turton Commercial is pleased to present the opportunity to acquire fee simple interest in 2020 K Street (the “Property”) in Midtown, Sacramento. The Property is being offered at $2,695,000.

The Property is comprised of an approximately 8,000 square foot commercial building situated on an approximate 12,800 (.29 AC) parcel of land, located midblock between 20th and 21st Street. The Property features at least 16 on-site parking stalls located south of the building, accessible from the alley. The Property presents a unique opportunity to redevelop the existing building or demolish the existing building and develop dense multifamily housing on the site. The existing building is architecturally unique, with a beautiful bow truss roof system spanning the width of the building and 15-foot-high clear heights. The building sits on a 12,800 square foot (.29 AC) parcel of land, measuring 80′ wide by 160′ deep. The Property is zoned C-2 General Commercial and has the designation of “Urban Corridor Low,” which allows density up to 110 units and a FAR of 3.0.