Ground-Floor Office Condo with
500 N Street Sacramento, CA 95814
For Sale
$139,000
SINGLE_FAMILY - Sacramento, CA
Property Size329 SF
Lot Size0.13 Acres
Price / SF$422.49
Days on Market50
Property Features for 500 N Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Office Condo
- Standard status
- Active
- APN
- 00603100010009
- Lot size
- 0.13 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Number of units
- 1
- Flooring type
- Combo of materials
- Building materials
- Concrete
Listing Agency:
RE/MAX Gold
(707) 455-1200
Listed By:
Kelly Harper · License #01245227
(916) 536-7611
Added: Jun 6
Changed: Jun 10
Last Checked: Jul 25 at 12:06PM
MLS# 226052748
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ground-floor office condo offers direct street-level access and controlled access in a 15-story office high-rise. The unit is designed for professional office use and includes modern security and onsite management. The office space totals 329 square feet.
The property is located at 500 N Street in Sacramento, in a downtown environment surrounded by restaurants and entertainment as described in the listing remarks. The building’s private parking feature supports convenient access for occupants and clients.
For professionals, consultants, or investors seeking ownership of a smaller, street-accessible office suite, this condo configuration can simplify client visits compared with upper-floor spaces. With onsite management, controlled access, and a designated parking space, it provides a practical setup for an owner-operator or an office investor looking to own an operating-ready downtown unit.
The property is located at 500 N Street in Sacramento, in a downtown environment surrounded by restaurants and entertainment as described in the listing remarks. The building’s private parking feature supports convenient access for occupants and clients.
For professionals, consultants, or investors seeking ownership of a smaller, street-accessible office suite, this condo configuration can simplify client visits compared with upper-floor spaces. With onsite management, controlled access, and a designated parking space, it provides a practical setup for an owner-operator or an office investor looking to own an operating-ready downtown unit.
Key Highlights
- 329 sq. ft. ground‑floor office condo with direct street‑level/client access
- Private designated parking space included
- Central heating and central air conditioning
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 | $7.1k | $21.60 |
| − Vacancy | −$1.1k | −$3.43 |
| EGI | $6.0k | $18.17 |
| − OpEx | −$1.5k | −$4.54 |
| NOI | $4.5k | $13.62 |
329 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$64.0K
$56.0K – $74.7K
NOI $4,482 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$88.4K
$77.4K – $103.1K
NOI $6,188 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
500 N Street
Condominium Complex
Golden Light Hypnosis
Alternative Medicine Practice
StratiCo LLC
Corporate Office
Healing from Infidelity ...
Alternative Medicine Practice
Patrick Heuer
Condominium Complex
FAQs
What type of property is this?
Office units - Own a ground-floor office condo with private parking and direct street-level access in a high-rise downtown setting.
Where is this office units located?
The property is located at 500 N Street Sacramento, CA.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 329 sq. ft. ground‑floor office condo with direct street‑level/client access; Private designated parking space included; Central heating and central air conditioning
