2025 P Street
2025 P Street
Use: Medical / Multifamily / Office
Lease or Sale: Sale
Building Size: ±3,300 SF Sale Price: $760,000
Turton Commercial is pleased to offer to the market for sale a three-story building that can accommodate an office, medical, or residential use. The 3,300 square foot building is in the heart of Midtown, near the corner of 21st and P Street, near numerous transformative developments.
The area is composed of a healthy dose of carefully selected national and regional retailers and an eclectic mix of high-end demographic occupations are embedded in a landscape of unique older buildings and mature trees. Business owners, residents and investors have flocked to the center of Sacramento’s art, music, and cultural scene to cash in on the fruitful submarket. Many people consider Midtown to be the most centralized area in the city of Sacramento, with easy access to Downtown, Old Sacramento, West Sacramento and East Sacramento.
Within Midtown, the Lavender Heights neighborhood has emerged as one of the submarket’s hottest micro-markets. The hub of this exciting district is the MARRS building – only five blocks away. The neighborhood recently welcomed rainbow cross walks to commemorate the cultural inclusion and progressive thinking of the neighborhood. The neighborhood features Sacramento’s most successful restaurants and nightlife venues and has an eclectic mix of local restaurants, art galleries, coffee houses and boutiques. The district has high foot traffic both day and night, and is a hot spot for those who love to eat and drink, and enjoy many of Midtown’s most popular establishments. While it is an excellent starting location for the popular Second Saturday festivities, the District is home to many additional noteworthy events such as the Midtown Farmers’ Market, THIS Sacramento block parties, PARK(ing) Day, and more.
Large infill housing and mixed-use development projects are scattered throughout the grid, indicating regional growth and an increased emphasis on inner-city living. Midtown development is abundant and headlined by the new parking garage next door by Pappas Investments and the accompanying grocery store planned for 21st and L.
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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