Creative Office Building with
520-530 9th Street Sacramento, CA 95814
520-530 9th Street, Sacramento, CA, 95814
Contact for pricing
For Sale
Contact for pricing
Two-story creative office building with a central lightwell, skylights, and separate residential and office entrances.
Property Size20,012 SF
Price / SF$307.32
Days on Market55
Property Features for 520-530 9th Street
General Information
- Standard status
- Active
- Size
- 20,012 SF
- Property subtype
- Office, Multifamily
Building Details
- Year Built
- 1945
Listing agency
Turton Commercial Real Estate
Listed by
Shilo Rochelle · License #02092283
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 8:52AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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.
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
NOI $314,348 @ 7.0% cap · market cap 5.11%
Second Best
Office B
$3.89M
$3.41M – $4.54M
NOI $272,647 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$5.38M
$4.71M – $6.27M
NOI $376,426 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
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.
