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723 S Street $3,500,000

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    723 S Street Sacramento, CA 95811

    • Commercial
    • MLS# 20029572
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    Views: 37

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    Property Details

    Where to begin with this amazing property? The 1918 concrete, steel & vintage brick structure was built by PG&E as a flex building, with their regional offices in the front space, and a facility used to assemble transformers and large power equipment located in the large rear space. The building is also on the City of Sacramento's Register of Historic & Cultural Resources. It is the authentic version of what other R Street corridor new mixed use projects merely aspire to be. Its structure has stood the test of time and purpose and that draws you in. The multiple skylights and soaring 28 ft ceilings provide an environment of light and space that is both luxurious and edgy at the same time. The current owners also own Beatnik Studios art & photography gallery and event space, which is currently housed in the rear portion of the building. A & Be Bridal Boutique is the front Tenant in Suite 100. The photos are great, but even they don't do it justice. You must come see it for yourself.

    • General Features
      • Lease Terms Copy of Agrmnt Avail,Lease Gross
      • Other Expenses Common Area Fees, Other-Rmks
      • Year Built 1918
      • County RMX-SP
    • Building Features
      • Air Conditioning Central, MultiUnits
      • Heat Central, MultiUnits
      • Amenities 1 Restroom Per Unit, Extra Storage, Meeting Facilities, Other Restroom Facil, Other-Rmks
      • Construction Masonry, Steel, Other-Rmks
      • Disability Features Grab Bars, Ramp
      • Door Roll Up
      • Miscellaneous Ceiling Height 12Ft+, Indv Thrmostat Cntrl
      • Loading Other-Rmks
      • Roof Description Flat/Low Pitch, Other-Rmks
      • Floor Concrete Slab, Linoleum/Vinyl, Wood
      • Exterior Brick, Other-Rmks
    • Property Features
      • Location Public Trans Nearby, Restaurant Nearby, Shopping Cntr Nearby
      • Parking Open, Street, Uncovered, Other-Rmks

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    Neighborhood

    95811 (Sacramento) Demographics

    33 Median Age
    2,410 Population Density (per sq. mile)
    49% College Educated
    $38,538 Estimated Median Income
    595 Estimated Total Home Owners
    3,180 Estimated Total Renters
    16% / 84% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,711 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    8 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,500,000
        5/24/2020 10:45:00 PM New in Database Source New Value: $3,500,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/26/2020 3:15:13 AM. 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. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.