Active

2031 2015 K Street

Sacramento CA, 95811

$6,400,000


Active

Commercial

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!

223115971

MLS ID

December 11, 2023

Listed

May 9, 2024

Updated

Map

2031 2015 K Street
Sacramento CA, 95811

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.73 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

School Information

School District

Sacramento Unified

Other Property Details

Area Name

10811


Garage

No


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

Commercial,Residential,Mixed


Buyer Agency Compensation

1.5%

Courtesy of Ken Turton, Broker, Jon Lang,
Listing Contact:  

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