2015 K ST Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95811
Key Details
Property Type Commercial
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 223115971
Lot Size 0.735 Acres
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
Exterior
Fence None
Utilities Available Public,Other
View None
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
Special Listing Condition None