Historic Mixed-Use
For Sale
Contact for pricing
1931 J Street, Sacramento, CA 95811
Two-story commercial property with retail and creative office occupancy at a prominent Midtown Sacramento intersection.
Property Size12,640 SF
Price / SF$208.47
Days on Market209
Property Features for 1931 J Street
General Information
Standard status
Active
Size
12,640 SF
Total Parking Spaces
8
Property subtype
Retail, Mixed Use
Zoning
C-2-SPD
Occupancy
100%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$191,724
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Big Brother Comics
Additional Details
Gross Income
$271,752
Building Details
Year Built
1910
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Jahnrich Commercial Real Estate
Listed By:
Josh Chiechi · License #02201256
Source:
Crexi
Added: Mar 24
Changed: Oct 11
Last Checked: Oct 16 at 9:20AM
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 Jahnrich Commercial Real Estate
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Investment Insights
Based on property information with market context.
Built in 1910, this two-story historic mixed-use property contains 12,640 square feet and is fully leased across retail and creative office uses. The building includes 13 tenants under full-service gross leases, with Big Brother Comics occupying a 5,286-square-foot ground-floor space. C-2-SPD zoning supports its established mixed-use commercial profile.
The property occupies the corner of 20th and J Streets in Midtown Sacramento, directly across from the Midtown Farmers Market. Its walkable setting is surrounded by restaurants, bars, and entertainment venues, placing retail and office occupants within an active neighborhood environment.
The property occupies the corner of 20th and J Streets in Midtown Sacramento, directly across from the Midtown Farmers Market. Its walkable setting is surrounded by restaurants, bars, and entertainment venues, placing retail and office occupants within an active neighborhood environment.
Key Highlights
- 12,640 SF two‑story historic mixed‑use property built in 1910
- 100% leased to 13 retail and creative office tenants
- Big Brother Comics occupies 5,286 SF on the ground floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$196,035
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,920,700
$3.9M
Cap Rate 7%
$2,800,500
$2.8M
Cap Rate 9%
$2,178,167
$2.2M
Market Conditions
NOI Build-Up for 12,640 SF
Gross rent
$297.3K $23.52/SF
− Vacancy
−$17.2K −$1.36/SF
EGI
$280.0K $22.16/SF
− OpEx
−$84.0K −$6.65/SF
NOI
$196.0K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,920,700
Cap Rate 7%
$2,800,500
Cap Rate 9%
$2,178,167
Alternative Uses
Best Use
Retail
$2.80M
$2.45M – $3.27M
NOI $196,035 @ 7.0% cap · market cap 7.44%
Second Best
Mixed Use
$2.49M
$2.18M – $2.91M
NOI $174,432 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$3.40M
$2.97M – $3.96M
NOI $237,758 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,430
Businesses Nearby
Explore this area
Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial property with retail and creative office occupancy at a prominent Midtown Sacramento intersection.
Where is this mixed-use property located?
The property is located at 1931 J Street Sacramento, CA.
What is the asking price?
The asking price for this property is $2,635,000.
What are key features of this property?
This property features: 12,640 SF two‑story historic mixed‑use property built in 1910; 100% leased to 13 retail and creative office tenants; Big Brother Comics occupies 5,286 SF on the ground floor
