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716-722 Alhambra Blvd 5,320 SF 75% Leased Office Building Sacramento, CA 95816 $1,932,299 CAD ($363.21 CAD/SF)
Investment Highlights
- Adjacent to McKinley Park — Sacramento's 32-acre landmark with a rose garden, farmers market, community pool, and year-round events.
- Walking distance to Canon (Michelin Guide), Allora, Kru, Selland's Market Café, and Chocolate Fish Coffee.
- Multi-story office complex with established tenant demand in health services and law.
- East Sacramento's Alhambra corridor. Tree-lined streets, historic character, and median household income exceeding $109,000.
- Business 80 and Highway 50 access connects to Downtown, Midtown, and the greater metro.
- 15,806 ADT at H St & Alhambra Blvd. 179,788 ADT on Capital City Freeway.
Executive Summary
716-722 Alhambra Blvd presents a rare opportunity to acquire an income-producing, multi-story office building in one of Sacramento's most sought-after urban neighborhoods. The ±5,320 SF complex sits on Alhambra Boulevard in the heart of East Sacramento — a historically stable, high-income corridor with consistent professional demand.
The building is currently 75% leased to established tenants in health services and law, providing immediate cash flow with upside potential in the remaining vacancy. At $1,399,000 ($262.97 PSF), the pricing reflects strong in-place income and the scarcity of quality office product in this zip code.
The OB-SPD zoning (Office Business Low-Rise Mixed-Use — Special Planning District) offers flexibility for a range of professional and mixed-use occupancies, giving an owner-user or investor multiple paths forward. With direct access to Business 80 and Highway 50, the property serves tenants and clients from across the Sacramento metro with ease.
The building is currently 75% leased to established tenants in health services and law, providing immediate cash flow with upside potential in the remaining vacancy. At $1,399,000 ($262.97 PSF), the pricing reflects strong in-place income and the scarcity of quality office product in this zip code.
The OB-SPD zoning (Office Business Low-Rise Mixed-Use — Special Planning District) offers flexibility for a range of professional and mixed-use occupancies, giving an owner-user or investor multiple paths forward. With direct access to Business 80 and Highway 50, the property serves tenants and clients from across the Sacramento metro with ease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,320 SF
Building Class
C
Year Built
1952
Price
$1,932,299 CAD
Price Per SF
$363.21 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Slab To Slab
10’
Building FAR
1.74
Lot Size
0.07 AC
Zoning
OB-SPD - Office
Amenities
- Bus Line
1 1
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 003-0212-013 | Improvements Assessment | $824,232 CAD |
| Land Assessment | $412,116 CAD | Total Assessment | $1,236,348 CAD |
Property Taxes
Parcel Number
003-0212-013
Land Assessment
$412,116 CAD
Improvements Assessment
$824,232 CAD
Total Assessment
$1,236,348 CAD
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716-722 Alhambra Blvd
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