Contacts
Ken Turton
Turton Commercial Real Estate
(916) 573-3300
Scott Kingston
Turton Commercial Real Estate
(916) 573-3309
Property Details
- Property Type Office
- Property Size 59,291 SF
- Lot Size 0.22 Acre
- # of Floors 6
- Year Built 1940
- Date Updated Apr 30, 2024
Turton Commercial Real Estate is pleased to present the opportunity to acquire the 100% fee simple interest in the building located at 818 K Street (the “Subject Property”).
The Subject Property represents one of the most high-profile redevelopment, investment, or owner-user opportunities in the Downtown grid, touted as one of the most robust urban redevelopment markets in the country. The Property is also located in a highly desirable Opportunity Zone. As such, the redevelopment opportunity represents one of the rarest and most sought-after investment opportunities in California and the United States.
The 59,921 SF building is comprised of five floors of approximately 9,200 SF each. Beneath this is a larger, finished subterranean floor with generous 12-foot ceilings. The building features two operable elevators; one of which being the primary elevator with original KRESS shopping center finishes, floor and one services elevator located in the rear portion of the building.
The Subject Property is ideally positioned in the heart of the K Street Entertainment Zone just one block from the pedestrian entrance to the Golden 1 Center, three blocks from the front lawn of the State Capitol, and five blocks to the Convention Center.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
99/100
Walk Score ®
-
66/100
Transit Score ®
-
99/100
Bike Score ®
Location
- City Sacramento, CA
- Neighborhood Downtown Sacramento
- Zip Code 95814
- Market Sacramento
Points of Interest
-
St. Rose of Lima Park
0.03 miles
-
8th & K
0.08 miles
-
8th & Capitol
0.17 miles
-
7th & Capitol
0.17 miles
-
Cathedral Square
0.17 miles
-
7th & I/County Center
0.23 miles
-
8th & H/County Center
0.25 miles
-
8th & O
0.30 miles
-
12th & I
0.34 miles
-
Archives Plaza
0.35 miles
-
eVgo
0.93 miles
-
Arco
1.09 miles
-
Valero
1.12 miles
-
One Stop Gas
1.20 miles
-
Shell
1.27 miles
-
Arco
1.29 miles
-
Chevron
1.37 miles
-
Arco
1.49 miles
-
Arco
1.54 miles
-
Chevron
1.55 miles
-
Capitol Garage
0.15 miles
-
City Hall Parking Garage
0.22 miles
-
County Public Parking
0.32 miles
-
ACE Parking
0.35 miles
-
Lot D
0.35 miles
-
Plaza Shopping Garage
0.38 miles
-
Saint Joseph's Jury Parking Lot
0.38 miles
-
City Lot 297
0.43 miles
-
Public Parking
0.45 miles
-
Old Sacramento Garage
0.48 miles
-
The Citizen Hotel, Autograph Collection
0.12 miles
-
Kimpton Sawyer Hotel
0.24 miles
-
HI Sacramento
0.29 miles
-
Hyatt Regency Sacramento
0.31 miles
-
Sheraton Grand Sacramento Hotel
0.31 miles
-
Best Western Plus - Sutter House
0.33 miles
-
The Exchange Hotel, Curio Collection by Hilton
0.37 miles
-
Holiday Inn Sacramento-Capitol Plaza
0.39 miles
-
Vagabond Inn Executive Old Town
0.42 miles
-
Sterling Hotel
0.43 miles
-
Macy's Downtown Plaza Sacramento
0.32 miles
-
Downtown Commons
0.32 miles
-
Market 5-ONE-5
0.53 miles
-
Gold Star Mart
0.65 miles
-
Grocery Outlet
0.69 miles
-
Safeway
0.95 miles
-
Raley's
1.05 miles
-
Asian Food Center
1.15 miles
-
Target
1.20 miles
-
Sacramento Natural Foods Co-op
1.62 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
