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1111 H Street , 3RD

Sacramento, CA 95814
  • $6,395,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 222061661
New On Site 3 Days Ago
UPDATED: 70 min ago
$6,395,000
  • 0
    BEDS
  • 0.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 32,112
    SQFT
  • $199
    $/SQFT
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

The Offices at Retro Lodge is a two-property urban campus in Downtown Sacramento. 1029 H St is four-story 16,475 gross SF office building on 13,068 SF parcel on NW corner & 1111 H Street is three-story 15,637 gross SF office/retail building on 14,810 SF parcel on NE corner. Predominantly executive style offices enjoying consistently strong occupancy. Tenancy is very stable mix of professional office businesses & retail occupied by Naked Lounge coffee shop. Common area amenities: outdoor patio deck, courtyard, picnic tables, break room lounge, 50 parking stalls. Retro Lodge is incredibly unique well-located portfolio, rare attractive opportunity for value-add investor, owner-user, or entrepreneurial land developer. Offices could be converted back into residential or hospitality uses, or buildings could be demolished for development of high-rise multi-family, mixed-use, commercial office, or hotel. Walking distance to State Capitol, Golden1 Center/DOCO, popular restaurants, & night life!

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-16T09:38:40.983. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.916realestateteam.com/homes/128658904
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1111 H Street , 3RD Sacramento, CA 95814

  • Price: $6,395,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 70 min ago
  • MLS #: 222061661
0
Beds
0
Baths
0
½ Baths
0.64
Acres
32,112
SQFT
$199
$/SQFT
1950
Built
Neighborhood:
Sacramento Downtown/Midtown
County:
Sacramento
Area:
Sacramento Downtown/Midtown
Property Description
The Offices at Retro Lodge is a two-property urban campus in Downtown Sacramento. 1029 H St is four-story 16,475 gross SF office building on 13,068 SF parcel on NW corner & 1111 H Street is three-story 15,637 gross SF office/retail building on 14,810 SF parcel on NE corner. Predominantly executive style offices enjoying consistently strong occupancy. Tenancy is very stable mix of professional office businesses & retail occupied by Naked Lounge coffee shop. Common area amenities: outdoor patio deck, courtyard, picnic tables, break room lounge, 50 parking stalls. Retro Lodge is incredibly unique well-located portfolio, rare attractive opportunity for value-add investor, owner-user, or entrepreneurial land developer. Offices could be converted back into residential or hospitality uses, or buildings could be demolished for development of high-rise multi-family, mixed-use, commercial office, or hotel. Walking distance to State Capitol, Golden1 Center/DOCO, popular restaurants, & night life!
Exterior Features

Construction Materials See Remarks Dock Doors 0 Loading None Num Of Floors 0 Parking Features Open Roof Flat Total Parking Spaces 50.00

Interior Features

Cooling See Remarks Flooring CarpetConcreteLinoleum Heating See Remarks Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features See Remarks Business Type Professional Service Current Use RetailOffice Electric 100 Amp Service200 To 400 Amp Service Income Includes ParkingRent Lease Deposit 0 Location DowntownFreeway NearbyRestaurant NearbyShopping NearbyHotel/Motel NearbyLight Rail Nearby Num Of Offices 0 Num Of Tenants 0 Property Subtype Office Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure OfficeRetail Tenant Pays Varies By Unit Utilities Other Water Source Public Year Renovated 0 Zoning C-2-Spd / C-3-Spd

Metrolist MLS logo Listing provided courtesy of Ken Turton, Broker: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-16T09:38:40.983. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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