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2620 T St Sacramento, CA 95816

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Six-unit mixed-use property in Sacramento's desirable Midtown submarket.

Property size:
5,463 SF
Lot size:
0.15 Acres

Property Features for 2620 T St

General Information

Standard status
Active
Size
5,463 SF
Lot size
0.15 Acres

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Listing Contact
Luis Mejia
Source: Crexi

Listing Agency: eXp Commercial of California Inc. Listing Agent: Luis Mejia

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

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Overview

Midtown Sacramento Mixed-Use Investment

Located in Sacramento’s Midtown submarket, this mixed-use investment property at 2620 T Street features six units. Constructed originally in 1890 and renovated extensively in 2019, with two newly constructed rear townhomes completed in 2020, the property combines historic character and modern design. The asset includes five residential units and one ground-floor retail suite, providing a diversified income stream. The retail tenant has 3% annual rent increases each January 1. The primary building underwent a comprehensive renovation in 2019, including remodeled kitchens and bathrooms, updated flooring, replacement of all appliances, new HVAC systems, and upgraded electrical panels. All residential units feature in-unit washer and dryer sets replaced in 2019. The building received a fresh exterior paint job within the last three years. The roof is approximately 10 years old. The two rear 2-bedroom/2-bathroom townhomes completed in 2020 include a private single-car garage. Situated on approximately 0.15 acres with 5,463 rentable square feet, the property combines renovated historic frontage with newly constructed residential units and stable retail income. The property is located in Sacramento’s Midtown/Downtown corridor, near Downtown Sacramento, the California State Capitol, UC Davis Medical Center, and Sutter Medical Center. The surrounding neighborhood offers a diverse mix of restaurants, cafés, retail boutiques, neighborhood parks, and entertainment venues. The property offers regional connectivity via Highway 50, Interstate 80, and Interstate 5.
Location Intelligence

Current Use by Public Records

Sun Up Market Grocery & Convenience Store

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.4759352
Latitude
38.5629971

FAQs

What type of property is this?
Mixed-use property - Six-unit mixed-use property in Sacramento's desirable Midtown submarket.
Where is this mixed-use property located?
The property is located at 2620 T St Sacramento, CA.
What are key features of this property?
This property features: - Prime Midtown Location in Sacramento, close to major employers; - Diversified Income Stream with built-in rent growth; - Extensive Renovation in 2019, including new appliances and in-unit washer/dryers
More about this property
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