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    1020 16Th St Sacramento, CA 95814

    For Lease
    $3 SF/Yr

    Prime retail/restaurant space in a vibrant mixed-use building.

    Property size:
    1,892 SF
    Lot size:
    0.24 Acres

    Property Features for 1020 16Th St

    General Information

    Size
    1,892 SF
    Lot size
    0.24 Acres

    Source: Turton Commercial Real Estate Agent Scott Kingston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown Retail/Restaurant Space Available

    Located at 1020 16th Street, also known as O1 Lofts Midtown, this property is a 3-story mid-rise mixed-use project. It features 14 light-filled lofts with open floor plans, expansive windows, and balconies ranging from approximately 638 to 1,088 square feet, along with over 7,000 square feet of retail space. O1 Lofts Midtown serves as a connection between 16th Street, downtown, and midtown, fostering a vibrant lifestyle in Sacramento’s walkable mixed-use neighborhood. The building is situated in a pedestrian-friendly area with high visibility on both 16th Street and K Street, surrounded by surface and structured parking. The property's modern design reflects the contemporary character of Sacramento's mixed-use buildings in downtown and midtown, featuring a neutral material palette, expansive windows, abundant natural light, and high ceilings. The available space is approximately 1,892 square feet and is configured as a 2nd generation retail/restaurant space. It includes high-end improvements, a restroom, hood, HVAC, grease-trap, and a 225 amp electrical panel, making it ready for a retail tenant.
    Location Intelligence

    Current Use by Public Records

    Green Grill Restaurant Brightwell Strategies Public Relations Firm Ron Air Duc't ... Air Duct Cleaning Service O1 Lofts Apartment Building Discount Tire Repair ... Contractor

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.485377
    Latitude
    38.577895

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    FAQs

    What type of property is this?
    Retail space - Prime retail/restaurant space in a vibrant mixed-use building.
    Where is this retail space located?
    The property is located at 1020 16Th St Sacramento, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - ± 1,892 sq ft 2nd generation retail/restaurant space with high-end improvements; - Ready-to-go retail space includes restroom, hood, HVAC, grease-trap, and 225 amp electrical panel; - Located in O1 Lofts Midtown, an iconic mixed-use project
    (916) 573-3300
    Request Owner's contact information
    1020 16Th St Sacramento, CA 95814
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    Sacramento, CA 95814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 16Th St Sacramento, CA 95814
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