4330 24th ST, Sacramento, CA 95822
4330 24th ST, Sacramento, CA 95822
4330 24th ST, Sacramento, CA 95822
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Listed by Kelly Rivett, DRE #01249433 • Cornish & Carey Commercial
$600,000
Est. payment /mo
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8,182 SqFt
Active

4330 24th ST Sacramento, CA 95822

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Adrian Chu

Adrian Chu

+1(206) 407-5452

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 8,182 sqft

Price per Sqft $73

MLS Listing ID ML82021698

Year Built 1962

Lot Size 6,173 Sqft

Property Sub-Type Commercial Property

Source MLSListings, Inc.

Property Description

Price Reduced $100k-Seller Motivated! Newmark, as the exclusive advisor, is pleased to present for sale 4330 24th Street, a mixed-use office/art studio building in Sacramento, California. Constructed in 1962, this pre-cast (tilt-up concrete) building is comprised of roughly 8,182 SF on 2 levels, and is currently occupied by a multitude of art/music studios and small office users. This property is 100% occupied by long term tenants on short term leases. Acquisition cap rate is 8.75%. With in-place income, this buildings size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on 24th Street, just south of Sacramento City College, 4330 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. 4311 Attawa Avenue is also for sale and can be purchased separately or together. These buildings back up to each other. Priced at $1,600,000.

Location

State CA

County Sacramento

Area Sacto South Land Park/Greenhaven

Zoning C-4

Interior

Heating Central Forced Air, Wall Furnace , Other

Cooling Central AC, Window / Wall Unit, Other

Exterior

Parking Features Common Parking Area, Guest / Visitor Parking, Off-Street Parking

Garage Spaces 4.0

Utilities Available Master Meter , Public Utilities

Roof Type Elastomeric

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 018-0053-031-0000

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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4330 24th ST