Office/Retail/Storage
1001 K Street Sacramento, CA 95811
1001 K Street, Sacramento, CA, 95811
Contact for pricing
For Sale
Contact for pricing
Renovated office, retail, and storage condo offering updated building systems and flexible mixed-use space in Sacramento.
Property Size10,594 SF
Price / SF$235.98
Days on Market55
Property Features for 1001 K Street
General Information
- Standard status
- Active
- Size
- 10,594 SF
- Property subtype
- Retail, Office
Listing agency
Newmark - Roseville
(916) 569-2329
Listed by
Chris Lemmon · License #CA
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 7:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Roseville
Investment Insights
Based on property information with market context.
1001 K Street is an office/retail/storage condominium in Downtown Sacramento. The property totals approximately 10,594 RSF and is offered for sale as a mixed-use condominium asset. Building systems have been completely renovated, including new HVAC systems, electrical, plumbing, fire and life-safety components, elevator, and a renovated lobby.
The building’s location is within Downtown Sacramento, supporting day-to-day accessibility for office and retail users and providing an on-site mix of space types that can accommodate different operational needs. The property is presented as a single condominium offering rather than a standalone single-use building.
For tenants, buyers, and operators, the key practical advantage is the combination of office, retail, and storage uses within one condominium structure, paired with the completion of major system upgrades. The renovated elevator, lobby, and life-safety infrastructure can reduce near-term capital concerns associated with aging building components. This configuration may be well suited for an owner-occupant or a buyer seeking a multi-purpose commercial asset with modernized core systems.
The building’s location is within Downtown Sacramento, supporting day-to-day accessibility for office and retail users and providing an on-site mix of space types that can accommodate different operational needs. The property is presented as a single condominium offering rather than a standalone single-use building.
For tenants, buyers, and operators, the key practical advantage is the combination of office, retail, and storage uses within one condominium structure, paired with the completion of major system upgrades. The renovated elevator, lobby, and life-safety infrastructure can reduce near-term capital concerns associated with aging building components. This configuration may be well suited for an owner-occupant or a buyer seeking a multi-purpose commercial asset with modernized core systems.
Key Highlights
- Office/retail/storage condominium in Downtown Sacramento, CA
- Approximately 10,594 RSF total space offered for sale at $2,500,000 ($236/RSF)
- Building systems completely renovated with new HVAC systems, electrical, and plumbing
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $249.2k | $23.52 |
| − Vacancy | −$14.5k | −$1.36 |
| EGI | $234.7k | $22.16 |
| − OpEx | −$70.4k | −$6.65 |
| NOI | $164.3k | $15.51 |
10,594 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.35M
$2.05M – $2.74M
NOI $164,303 @ 7.0% cap · market cap 6.57%
Second Best
Office B
$2.06M
$1.80M – $2.41M
NOI $144,335 @ 7.0% cap · market cap 5.77%
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.32M
NOI $199,273 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
California Chronic Care ...
Physician
California Young Republican ...
Child Welfare Organization
Smith Policy Group
Consultant
Ca Independent Petroleum ...
Charitable Organization
California Republican Party
Advocacy Group
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FAQs
What type of property is this?
Office units - Renovated office, retail, and storage condo offering updated building systems and flexible mixed-use space in Sacramento.
Where is this office units located?
The property is located at 1001 K Street Sacramento, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Office/retail/storage condominium in Downtown Sacramento, CA; Approximately 10,594 RSF total space offered for sale at $2,500,000 ($236/RSF); Building systems completely renovated with new HVAC systems, electrical, and plumbing
