Historic Victorian Office
2200 L Street Sacramento, CA 95816
2200 L Street, Sacramento, CA, 95816
$850,000
For Sale
$850,000
Renovated and maintained historic Victorian office building offers up to 10 leaseable spaces near Sacramento’s Capitol area.
Property Size2,555 SF
Price / SF$332.68
Days on Market436
Property Features for 2200 L Street
General Information
- Standard status
- Active
- Size
- 2,555 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1902
Listing agency
(408) 778-7474
Listed by
Intero Real Estate Services
Source
Xome
Added: May 13, 2025 Updated: Jul 22 at 3:18AM Checked: Jul 22 at 3:18AM
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 Intero Real Estate Services
Investment Insights
Based on property information with market context.
This beautifully maintained and renovated historic Victorian office building offers a flexible configuration with 10 possible spaces that can be leased. The property is suited for an ownership structure focused on generating rental income, and the public remarks also note the possibility of converting the building back to a residence or multi-family home.
Located at 2200 L Street in Sacramento, the building is described as being a couple blocks from the capital, placing it in the heart of the city for professional use.
If you’re looking for a turn-key style office asset with multiple space options, this property’s historic character and updated condition are central to its current appeal, with the 10 possible spaces providing leasing flexibility.
Located at 2200 L Street in Sacramento, the building is described as being a couple blocks from the capital, placing it in the heart of the city for professional use.
If you’re looking for a turn-key style office asset with multiple space options, this property’s historic character and updated condition are central to its current appeal, with the 10 possible spaces providing leasing flexibility.
Key Highlights
- Historic Victorian office building built in 1902 in Sacramento.
- Renovated and maintained office building with up to 10 possible spaces to lease.
- Central air cooling and heating system included.
Local Financial Insights For Office B
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 | $55.2k | $21.60 |
| − Vacancy | −$8.8k | −$3.43 |
| EGI | $46.4k | $18.17 |
| − OpEx | −$11.6k | −$4.54 |
| NOI | $34.8k | $13.62 |
2,555 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$497.3K
$435.1K – $580.2K
NOI $34,810 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$686.6K
$600.8K – $801.0K
NOI $48,060 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ajay Reed
Physician
Heather Schnier Johnson
Psychotherapist
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FAQs
What type of property is this?
Office building - Renovated and maintained historic Victorian office building offers up to 10 leaseable spaces near Sacramento’s Capitol area.
Where is this office building located?
The property is located at 2200 L Street Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Historic Victorian office building built in 1902 in Sacramento.; Renovated and maintained office building with up to 10 possible spaces to lease.; Central air cooling and heating system included.
