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    1415 L St Sacramento, CA 95814

    Sponsored
    For Lease
    $3 SF/Yr ($997 /Mo)

    Prime Downtown Sacramento Location, Multiple Units

    Lot size:
    3,991 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail and restaurant opportunity is located at 1415 L St in Sacramento, CA 95814, within Sacramento County. The Meridian property offers 3,991 square feet of completely vacant space, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,791 square feet. Its prime location in the thriving entertainment district places it steps away from Downtown Commons, Golden 1 Center, and the vibrant Concerts in the Park and farmers market. This ensures high foot traffic and visibility for any business. The property benefits from its proximity to significant ongoing developments, including a planned seven-story residential project on J Street featuring 153 market-rate units and 10,000 square feet of ground-floor retail, and the K Street Redevelopment Zone, creating a mixed-use live/work entertainment area. This strategic location within a rapidly evolving urban core, designed to foster an 18-hour daily economic cycle, presents a unique chance to establish a thriving business in a dynamic and growing environment. The property's accessibility to major amenities within the urban core further enhances its appeal and potential for success. This is an unparalleled opportunity to secure a prominent retail or restaurant space in one of Sacramento's most exciting and rapidly developing areas.

    Property Features for 1415 L St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,991 SF
    Total Rate
    997.75

    Unit(s) available at that property

    Space
    Patio
    Size
    1,200 SF
    Rate per SF
    $3
    Space
    Available Space
    Size
    2,791 SF
    Rate per SF
    $3

    HighLights

    • 3,991 square feet of vacant retail/restaurant space available at 1415 L St, Sacramento, CA 95814.
    • Divisible into units from 1,200 to 2,791 square feet.
    • Prime location in Sacramento's entertainment district, near Downtown Commons and Golden 1 Center, ensuring high foot traffic.
    • Surrounded by significant ongoing development, including new residential and retail projects.
    • Exceptional opportunity in a rapidly growing urban core with strong potential for success.
    Property Profile Location Intelligence

    Current Use by Public Records

    Procter & Gamble Co Corporate Office Nielsen Merksamer Parrinello Legal Services Aprea & Micheli Consultant AARP California State ... Non-Profit Organization Western Growers Insurance Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4881533
    Latitude
    38.5766751

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Sacramento Location, Multiple Units
    Where is this restaurant located?
    The property is located at 1415 L St Sacramento, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 3,991 square feet of vacant retail/restaurant space available at 1415 L St, Sacramento, CA 95814.; Divisible into units from 1,200 to 2,791 square feet.; Prime location in Sacramento's entertainment district, near Downtown Commons and Golden 1 Center, ensuring high foot traffic.
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    1415 L St Sacramento, CA 95814
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    Sacramento, CA 95814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 L St Sacramento, CA 95814
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