$6,400,000
2015 K ST Sacramento, CA 95811
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$6,400,000
Est. payment /mo
0.73 Acres Lot
UPDATED:
12/11/2023 08:34 PM
Key Details
Property Type Commercial
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 223115971
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 0.735 Acres
Acres 0.7346
Property Description
21K is a 32,000 square foot fully-entitled development site in the heart of Midtown Sacramento. The offering includes three (3) contiguous parcels at the corner of 21st and K Streets, including 2015 K Street, 2025 K Street, and 2031 K Street. The site is currently entitled and approved by the City of Sacramento to build a 8-story 250,595 square foot mixed-use building featuring 296 residential units, 7,500 square feet of ground floor retail space, and 162 on-site parking stalls. The current zoning and entitlements will permit for market rate and/or senior housing, allowing a developer some flexibility with the final project. The property boasts a AAA corner location in the Lavender Heights district of Sacramento. The project is adjacent to the MARRS Building, which is considered the "epicenter" of Midtown. The Midtown Farmer's Market, which is visited by over 2,000 people each weekend, is held in front of the property. 21st Street is a main thoroughfare through the central city with over 10,000 cars each day, thereby providing huge visibility to the retail tenants. This is a once-in-a-decade opportunity!
Location
State CA
County Sacramento
Area 10811
Zoning C-2-SPD
Direction Located at the corner of 21st and K Streets.
Exterior
Fence None
Utilities Available Public, Other
Water Access Desc Public
View None
Topography Level
Road Frontage Other
Building
Lot Description Corner
Sewer Public Sewer
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 007-0085-013
Special Listing Condition None
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Listed by Ken Turton, Broker
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