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Second-Gen Restaurant Space
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601 15th St, Sacramento, CA 95814

Ground-floor restaurant space with kitchen hood, floor drains, full bar buildout, and multiple street entrances for flexible layouts.

Property Size6,512 SF
Price / SF$291
Days on Market229

Property Features for 601 15th St

General Information

Standard status Active
Size 6,512 SF
Property subtype RETAIL

Site & Location

Neighborhood Mansion Flats
Listing Agency: Turton Commercial Real Estate - Corporate
Listed By: Kimio Bazett · License #02152565
Source: Moodyscre
Added: Mar 16 Changed: Oct 25 Last Checked: Oct 30 at 12:53PM

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 - Corporate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This approximately 3,764 SF ground-floor restaurant space is built for flexible operation, with a kitchen in place that includes a hood, sinks, and floor drains. A full bar buildout is also included, supporting a wide range of restaurant concepts.

The layout is designed to accommodate either one contiguous space or two distinct and separate concepts. Multiple street entrances provide convenient access, and there are four separate restrooms to support separate guest flows.

Located at 601 15th St in Sacramento, CA 95814, the space is well suited for operators looking for a second-generation setup with core restaurant infrastructure already in place.

Key Highlights

  • Approximately 3,764 SF ground‑floor restaurant space
  • Kitchen includes hood, sinks, and floor drains
  • Full bar buildout included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,491
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,449,820 $2.4M
Cap Rate 7%
$1,749,871 $1.7M
Cap Rate 9%
$1,361,011 $1.4M
Market Conditions
NOI Build-Up for 6,512 SF
Gross rent
$171.9K $26.40/SF
− Vacancy
−$8.6K −$1.32/SF
EGI
$163.3K $25.08/SF
− OpEx
−$40.8K −$6.27/SF
NOI
$122.5K $18.81/SF
Area
Sacramento, CA
Vacancy
5.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,449,820
Cap Rate 7%
$1,749,871
Cap Rate 9%
$1,361,011

Alternative Uses

Best Use
Specialty Retail
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,491 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Taste Buds Barbeque Restaurant

Suggested Use

Top Pick Butcher Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,201
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 25% Shops & Services 21% Superstores 18% Hotels & Casinos 17%
Target Superstores
24,491 visits/mo 0.3 miles
The Old Spaghetti Factory Dining
18,385 visits/mo 0.4 miles
BevMo! Groceries
13,081 visits/mo 0.3 miles
Quality Inn Downtown Hotels & Casinos
12,790 visits/mo 0.1 miles
Quick Quack Car Wash Shops & Services
10,117 visits/mo 0.5 miles

Demographics for 95814, CA

12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Sacramento, CA

7.7% 2019
7.7% 2020
7.1% 2021
6.9% 2022
6.5% 2023
6.7% 2024
6.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground-floor restaurant space with kitchen hood, floor drains, full bar buildout, and multiple street entrances for flexible layouts.
Where is this conventional restaurant located?
The property is located at 601 15th St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Approximately 3,764 SF ground‑floor restaurant space; Kitchen includes hood, sinks, and floor drains; Full bar buildout included
(916) 573-3315 · Office Call to check price and availability
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