Commercial property
Listing Agent: Kelly Rivett (DRE #01249433) · Listing Office: Cornish & Carey Commercial · Contact: 4087279600 · Bought with: Kelly Rivett · Cornish & Carey Commercial · MLS #ML81932478 · Source: CRMLS
Price reduced, seller motivated! Newmark, as the exclusive advisor, is pleased to present for sale 918 J Street, a prime infill redevelopment opportunity in Downtown Sacramento. Constructed in 1920 on a 40X160 parcel, the existing building is vacant and comprised of 18,400-sf on 2 levels above a lower level basement. This building, size, and location present many adaptive re-use options for an urban neighborhood reflecting the changing demographics and perceptions of urban living. The building is priced to sell far below replacement cost and has been completely demolished internally to shell condition. Located on bustling J Street between 9th and 10th Street, next to the Citizen Hotel and across the street from Cesar Chavez Park and City Hall.
Listing description from the December 2023 sale, as reported to CRMLS.