- For Sale $8,000,000
- Property Type Office
- Property Size 59,291 SF
- Lot Size 0.22 Acre
- # of Floors 6
- Year Built 1940
- Date Updated Mar 27, 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.
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Contacts
Location
Getting Around
-
Walk Score ®
99/100 Walker's Paradise -
Transit Score ®
66/100 Good Transit -
Bike Score ®
99/100 Biker's Paradise
- City Sacramento, CA
- Neighborhood Downtown Sacramento
- Zip Code 95814
- Market Sacramento
Points of Interest
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St. Rose of Lima Park
0.03 miles
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8th & K
0.08 miles
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8th & Capitol
0.17 miles
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7th & Capitol
0.17 miles
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Cathedral Square
0.17 miles
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7th & I/County Center
0.23 miles
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8th & H/County Center
0.25 miles
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8th & O
0.30 miles
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12th & I
0.34 miles
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Archives Plaza
0.35 miles
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eVgo
0.93 miles
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Arco
1.09 miles
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Valero
1.12 miles
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One Stop Gas
1.20 miles
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Shell
1.27 miles
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Arco
1.29 miles
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Chevron
1.37 miles
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Arco
1.49 miles
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Arco
1.54 miles
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Chevron
1.55 miles
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Capitol Garage
0.15 miles
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City Hall Parking Garage
0.22 miles
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County Public Parking
0.32 miles
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ACE Parking
0.35 miles
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Lot D
0.35 miles
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Plaza Shopping Garage
0.38 miles
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Saint Joseph's Jury Parking Lot
0.38 miles
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City Lot 297
0.43 miles
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Public Parking
0.45 miles
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Old Sacramento Garage
0.48 miles
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The Citizen Hotel, Autograph Collection
0.12 miles
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Kimpton Sawyer Hotel
0.24 miles
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HI Sacramento
0.29 miles
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Hyatt Regency Sacramento
0.31 miles
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Sheraton Grand Sacramento Hotel
0.31 miles
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Best Western Plus - Sutter House
0.33 miles
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The Exchange Hotel, Curio Collection by Hilton
0.37 miles
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Holiday Inn Sacramento-Capitol Plaza
0.39 miles
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Vagabond Inn Executive Old Town
0.42 miles
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Sterling Hotel
0.43 miles
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Blackbird Kitchen + Beer Gallery
0.08 miles
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Tiger Bar + Restaurant
0.08 miles
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Frank Fat's
0.08 miles
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Bud's Buffet
0.11 miles
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Teriyaki To Go
0.11 miles
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O Ponto Brazillian Steakhouse
0.12 miles
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El Santo Cantina
0.12 miles
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La Bonne Soupe Cafe
0.14 miles
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Mother
0.15 miles
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La Cosecha
0.15 miles
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Drexel University Sacramento
0.55 miles
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State Capital Center
0.76 miles
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Washington Elementary School
0.83 miles
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William Land Elementary School
0.84 miles
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Met Sacramento High School
0.88 miles
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Saint John Christian Academy
0.92 miles
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Mustard Seed School
1.08 miles
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Saint Francis of Assisi Elementary School
1.32 miles
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Dos Rios Elementary School
1.38 miles
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Arthur A. Benjamin Health Professions High School
1.44 miles
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Common Grounds Preschool and Daycare
1.15 miles
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Playhouse Preschool
3.48 miles
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Glory Children's Learning Center, Inc.
5.30 miles
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Federal Building Day Care
5.52 miles
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Didion 4th R
5.67 miles
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Thomas A Edison Elementary School
5.88 miles
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Camellia Waldorf School
7.05 miles
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ARC Childcare
9.50 miles
Frequently Asked Questions
What is the lease rate for 818 K St?
Rental asking rate at 818 K St is $4,000,000.00/YR.
What is the total square footage of 818 K St?
818 K St totals 59,291 square feet.
When was this property built?
818 K St was built in 1940.
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