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Office Space with Retail Potential
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700 L Street, Sacramento, CA 95816

Turnkey tenant improvements are available in an office space with high ceilings, strong natural light, and adjacent parking.

Property Size8,000 SF
Days on Market51

Property Features for 700 L Street

General Information

Standard status Active
Size 8,000 SF
Class A
Property subtype Retail, Office
Zoning C-3-SPD Central Business District / Special Planning District
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1975
Stories 4
Tenancy Multi
Listing Agency: Turton Commercial Real Estate
Listed By: Ken Turton · License #CA 01219637
Source: Crexi
Added: Jul 8 Changed: Aug 25 Last Checked: Aug 25 at 8:40PM

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.

700 L Street offers distinctive office space within Sacramento’s Central Business District, with high ceilings and excellent natural light. Ownership is providing turnkey tenant improvements from shell, and the space can also support retail-oriented concepts given the building’s visibility and potential for high-visibility signage.

Parking is available at market rates directly adjacent to the building. The property is located approximately four blocks from the State Capitol and four blocks from City Hall, with close proximity to Golden 1 Center and DoCo, the Sacramento Convention Center, and the city’s largest public parking garage, along with walkable access to major hotels.

For office users, ownership is offering the ability to occupy an entire floor, a configuration that is described as rarely available at the 6,000–8,000 square foot threshold in Downtown Sacramento.

Key Highlights

  • 1975‑built office/retail space in Sacramento’s Central Business District
  • High ceilings and strong natural light
  • Turnkey tenant improvements available from shell for office users

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Locksmith Pet Grooming Service Fish Market Adult Day Care

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

7,276
Businesses Nearby

Demographics for 95816, CA

18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
Median Home Value

Market

Vacancy Rate% for Office in Sacramento, CA

8.3% 2019
11.7% 2020
13.2% 2021
14% 2022
14.4% 2023
15.2% 2024
14.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turnkey tenant improvements are available in an office space with high ceilings, strong natural light, and adjacent parking.
Where is this office units located?
The property is located at 700 L Street Sacramento, CA.
What are key features of this property?
This property features: 1975‑built office/retail space in Sacramento’s Central Business District; High ceilings and strong natural light; Turnkey tenant improvements available from shell for office users
(916) 474-5024 Call to check price and availability
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