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Ground-Floor Office Condo Suite

30-500 N St Sacramento, CA 95814

30-500 N St, Sacramento, CA, 95814
$450,000
For Sale
$450,000

Ground-floor professional suite with five private offices, secure entry, and large windows overlooking a pool and spa.

Property Size1,560 SF
Price / SF$288.46
Days on Market13

Property Features for 30-500 N St

General Information

Standard status
Active
Size
1,560 SF
Listing agency Cornish & Carey Commercial
Listed by Kelly Rivett · License #01249433
Source Exprealty
Added: Jul 9 Updated: Jul 21 at 11:20AM Checked: Jul 21 at 11:20AM

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 Cornish & Carey Commercial


Investment Insights

Based on property information with market context.

Unit 30 is a ground-floor office condo within Bridgeway Towers offering approximately 1,560 square feet of professional workspace. The suite includes five private offices, a secure entry area, and functional open work areas designed to support day-to-day operations. Large windows provide views toward the property’s landscaped pool and spa area.

Owners and occupants benefit from building amenities through full access, including a secured main lobby and on-site professional management. The building also features an executive conference room, fitness center, and an outdoor pool deck, along with two assigned parking deck spaces.

Positioned in downtown Sacramento, the property is described as being just blocks from the California State Capitol and Downtown Commons (DOCO), supporting both in-person client access and everyday convenience for staff.

Key Highlights

  • Ground‑floor office condo at Bridgeway Towers, 500 N Street in Downtown Sacramento
  • Unit 30 offers a ±1,560‑square‑foot professional suite with five private offices and secure entry area
  • Large windows face the property’s landscaped pool and spa for natural light and a courtyard outlook

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 $33.7k $21.60
− Vacancy −$5.4k −$3.43
EGI $28.3k $18.17
− OpEx −$7.1k −$4.54
NOI $21.3k $13.62
1,560 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$303.6K
$265.7K – $354.2K (±1% cap)
NOI $21,254 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$419.2K
$366.8K – $489.1K (±1% cap)
NOI $29,344 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

FAQs

What type of property is this?
Office units - Ground-floor professional suite with five private offices, secure entry, and large windows overlooking a pool and spa.
Where is this office units located?
The property is located at 30-500 N St Sacramento, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Ground‑floor office condo at Bridgeway Towers, 500 N Street in Downtown Sacramento; Unit 30 offers a ±1,560‑square‑foot professional suite with five private offices and secure entry area; Large windows face the property’s landscaped pool and spa for natural light and a courtyard outlook
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