815 S Street

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815 S Street

Sacramento, CA 95811
Asking Price
$3.50M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Sacramento CBD ±13,919 RSF office w/30 parking stalls on ±0.51 acre <ul><li>​In the heart of Sacramento's Central Business District and part of the bustling, vibrant R Street Corridor</li><li>​±13,919 sq. ft. building with meaningful on site parking is ready for a new owner and its next chapter. Alternatively, the site would be perfect for a multi-housing and/or mixed use project given the parcel size and remarkable location.</li><li>​Versatile RMX-SPD zoning</li><li>​Walking distance to Downtown Commons, the Golden 1 Center, the State Capitol, Sacramento Conven

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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