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2016-2018 16th St
Sacramento, CA 95818
Retail Property For Sale
EXECUTIVE SUMMARY
Prime mixed-use opportunity in Midtown Sacramento! Located at 2016 16th Street, this property features an upstairs residential unit providing steady rental income and a ground-floor commercial space ready for new vision. The location is unbeatablesituated in one of Sacramento's most vibrant corridors and just steps from new investment and development, including the Sakura project scheduled for completion between 2025 and 2027. With strong neighborhood growth, walkable access to dining and entertainment, and excellent long-term potential, this property is ideal for both investors and owner-users looking to secure a Midtown address.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,530 SF
Building Class
C
Year Built/Renovated
1925/2022
Price
$1,661,400 CAD
Price Per SF
$656.68 CAD
Percent Leased
49%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.79
Lot Size
0.07 AC
Zoning
R-1B - Standard Single-Family Zone
Parking
6 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 009-0151-009 | Improvements Assessment | $410,003 CAD |
| Land Assessment | $210,902 CAD | Total Assessment | $620,906 CAD |
PROPERTY TAXES
Parcel Number
009-0151-009
Land Assessment
$210,902 CAD
Improvements Assessment
$410,003 CAD
Total Assessment
$620,906 CAD
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