2031-2015 K Street, Sacramento, CA

$6,400,000

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32,000

Square feet

0.73

Acres

About 2031-2015 K Street

21K is a 32,000 square foot fully-entitled development site in the heart of Midtown Sacramento. The offering includes three (3) contiguous parcels at the corner of 21st and K Streets, including 2015 K Street, 2025 K Street, and 2031 K Street. The site is currently entitled and approved by the City of Sacramento to build a 8-story 250,595 square foot mixed-use building featuring 296 residential units, 7,500 square feet of ground floor retail space, and 162 on-site parking stalls. The current zoning and entitlements will permit for market rate and/or senior housing, allowing a developer some flexibility with the final project. The property boasts a AAA corner location in the Lavender Heights district of Sacramento. The project is adjacent to the MARRS Building, which is considered the "epicenter" of Midtown. The Midtown Farmer's Market, which is visited by over 2,000 people each weekend, is held in front of the property. 21st Street is a main thoroughfare through the central city with over 10,000 cars each day, thereby providing huge visibility to the retail tenants. This is a once-in-a-decade opportunity!

Features of 2031-2015 K Street

MLS® # 223115971
Price $6,400,000
Square Footage 32,000
Acres 0.73
Type Land
Sub-Type Commercial Lot
Status Active

Community Information

Address 2031-2015 K Street
Area Sacramento Midtown
City Sacramento
County Sacramento
State CA
Zip Code 95811-3118

Amenities

Utilities All Public, Other

Exterior

Lot Description Corner

School Information

Attendance Zone C.K. MCCLATCHY HIGH SCHOOL, SUTTER MIDDLE SCHOOL, WASHINGTON ELEMENTARY SCHOOL
District Sacramento
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning Commercial,Residential,Mixed
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKen Turton, Broker

Listing Map

Listing Schools/Amenities

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