Use: Office / Retail / Multifamily / Restaurant
Lease or Sale: Sale
Building Size: ±62,200 SF Sale Price: $10,000,000
Turton Commercial Real Estate is pleased to bring to market the assemblage of 1025 19th Street and 1910 J Street (the “Property”) in the heart of Sacramento’s highly desirable Midtown Grid.
1025 19th Street is a 25,962 square foot (SF) parcel consisting of one vacant 16,400 SF building of poured-in-place concrete construction and 18 parking spaces. 1910 J Street is a 36,242 SF parcel consisting of one 11,950 SF building occupied by the Old Spaghetti Factory since 1978 along with an additional 24 parking spaces. Combined, the two parcels total approximately 62,200 SF representing the largest contiguous piece of land available for acquisition in the highly desirable Midtown Grid in the last two decades. In addition, the Property is located in an Opportunity Zone.
The Property is being offered at a price of $10,000,000 representing a per square foot price of $160 per SF for the land or $352 per SF for the buildings.
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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