Property DescriptionBlank canvas opportunity for investor or owner/user with 16,000 sf flex retail/office, C-2 zoned commercial building, comprising 0.68 acre on two Midtown Sacramento parcels with frontage along both T & U Streets, including 13 and 21 parking spaces respectively. Originally constructed in 1966 for the Sacramento Public Library and subsequently utilized by various commercial, office and fitness tenants. The building is 80 feet wide (facing T & U) and 200 feet long (running north to south) with tasteful mural facing the light rail line. Divisible for up to 4 tenant spaces with 2 entrances on both T & U Streets. Clear heights start at 11 feet on both T & U Street entrances and peak at 14 feet in the center. Newer, low slope, cool roof with half replaced within past 1 year and the other half within past 7 years. Two separate electrical panels with combined 800 amps (3-phase power). Full HVAC with 7 gas-fired, roof-mounted units of varying ages. Some permitted uses, per zoning code, include fitness, childcare, office, retail, restaurant, theater, etc. Located in desirable Midtown within close proximity to numerous local restaurants, bars and other urban amenities. New Amtrak station planned 2 blocks away, across from Safeway, in 2021/2022 (see attached article). PRICE REDUCED FROM $2,900,000 to $2,500,000. Also available for lease @ $1.35 psf Modified Gross "as is".
