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    Creative Office Building with Residences Title is generated by Realmo AI

    520-530 9th Street, Sacramento, CA 95814

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    Two-story creative office building with a central lightwell, skylights, and separate residential and office entrances.

    Type:Multifamily, Office
    Property size:
    20,012 SF
    Price / SF:
    $307/SF
    Added:
    May 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 5:45 am

    Property Features for 520-530 9th Street

    General Information

    Standard status
    Active
    Size
    20,012 SF
    Property subtype
    Multifamily, Office

    Building Details

    Year Built
    1945

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    Listing Contact
    Shilo Rochelle
    Shilo Rochelle

    Listing agent Shilo Rochelle License #02092283

    Listing office Turton Commercial Real Estate

    Listing date May 29, 2026

    Source Crexi

    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 Turton Commercial Real Estate

    HighLights

    • Two‑story creative office building on 9th St built in 1945 with a central lightwell, generous skylights, and uninterrupted window lines.
    • 20,012 rentable SF total: 17,412 SF office space plus 5 residential units.
    • 32 covered parking stalls with offices and residences served by private, separate entrances.
    • 12,185 contiguous SF of office space available for an incoming owner‑user as a move‑in‑ready headquarters footprint.
    • Office, residential, and parking tenants support income‑producing space while still offering owner‑user control of the available area.
    • Located in Downtown Sacramento’s Central Business District within walking distance of the State Capitol and county/civic core, including the Railyards district to the north.

    Overview

    520-530 9th Street is a two-story creative-office building featuring a central lightwell, generous skylights, and continuous window lines designed to bring natural light deep into the interior. The property includes office space alongside five residential units, with separate private entrances for the office and residential components.

    The building offers 32 covered parking stalls and a parking configuration intended to support day-to-day access for occupants. An owner-user can take advantage of 12,185 contiguous square feet that is described as currently available within the office program, while the remainder of the building continues to support in-place income through office, residential, and parking tenants.

    This setup is best suited to organizations that want a Downtown headquarters with distinct architecture and a practical way to manage occupancy costs through diversified leased income. It also offers a straightforward path for a principal-led tenant to secure a contiguous footprint for operations while maintaining income from the building’s other components, including covered parking and residential units.

    Local Financial Insights For Apartment 5plus

    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 $600.4k $30.00
    − Vacancy −$28.8k −$1.44
    EGI $571.5k $28.56
    − OpEx −$257.2k −$12.85
    NOI $314.3k $15.71
    20,012 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.49M
    $3.93M – $5.24M (±1% cap)
    NOI $314,348 @ 7.0% cap · market cap 5.11%
    Second Best
    Office B
    $3.89M
    $3.41M – $4.54M (±1% cap)
    NOI $272,647 @ 7.0% cap · market cap 4.43%
    Theoretical Best
    Specialty Retail
    $5.38M
    $4.71M – $6.27M (±1% cap)
    NOI $376,426 @ 7.0% cap · market cap 6.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Restaurant Daycare Center Kitchen & Bath Showroom Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.49315
    Latitude
    38.585523

    FAQs

    What type of property is this?
    Creative space - Two-story creative office building with a central lightwell, skylights, and separate residential and office entrances.
    Where is this creative space located?
    The property is located at 520-530 9th Street Sacramento, CA.
    What is the asking price?
    The asking price for this property is $6,150,000.
    What are key features of this property?
    This property features: Two‑story creative office building on 9th St built in 1945 with a central lightwell, generous skylights, and uninterrupted window lines.; 20,012 rentable SF total: 17,412 SF office space plus 5 residential units.; 32 covered parking stalls with offices and residences served by private, separate entrances.
    More about this property
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