929 Drever Street
929 Drever Street
Region: West Sacramento
Use: Land / Multifamily / Office / Retail
Lot Size: .28 acres
Lease or Sale: Sale
Building Size: ±4,062 SF Sale Price: $899,000
929 Drever St (Property) is one of the most flexible properties in the progressing and prospering West Sacramento submarket. The 12,196.8 SF opportunity zoned parcel is uniquely positioned between the industrial and residential areas, where work and home collide. Fittingly, the Property features a 1,032 SF residential unit and a 3,030 SF commercial allowing the perfect opportunity for an owner-user looking to adapt and thrive in a post pandemic style of work.
Nestled adjacent to the main artery of West Sacramento, Jefferson Ave, the Property is located one and a half miles south of the two largest public employers, California Department of General Services (DGS) and California State Teachers’ Retirement System (CalSTRS). Additionally, almost sixty thousand people live within a two-mile radius. This includes many in the premier residential developments such as the Bridge Lakes and Washington districts, the flag bearer for West Sacramento growth.
This mixed-use property is being offered at $899,000. The comparatively low price combined with the unique amenities offered by the property make it a virtual Swiss Army Knife for an owner/user or investor. In addition to the large covered and uncovered storage, the large patio and storage area essentially Covid-proofing retail concepts by allowing vast socially distant outdoor seating.
As West Sacramento continues to grow, 929 Drever St will serve as a focal point where north meets south and east meets west.
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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
Lot Size: 2.56 acres
Lease or Sales: Lease & Sale
Sale Price: $17,000,000