Sacramento, CA 95814,1111 H ST #3RD
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Sacramento, CA 95814,1111 H ST #3RD
Sacramento, CA 95814,1111 H ST #3RD
Sacramento, CA 95814,1111 H ST #3RD
Sacramento, CA 95814,1111 H ST #3RD

$6,125,000

Est. payment /mo

$6,395,000

4.2%
Est.Price: ?

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1111 H ST #3RD Sacramento, CA 95814

0.64 Acres Lot

SOLD DATE : 10/12/2022

Key Details

Sold Price $6,125,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 222061661

Sold Date 10/12/22

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1950

Lot Size 0.640 Acres

Acres 0.64

Property Sub-Type Office

Property Description

The Offices at Retro Lodge is a two-property urban campus in Downtown Sacramento. 1029 H St is four-story 16,475 gross SF office building on 13,068 SF parcel on NW corner & 1111 H Street is three-story 15,637 gross SF office/retail building on 14,810 SF parcel on NE corner. Predominantly executive style offices enjoying consistently strong occupancy. Tenancy is very stable mix of professional office businesses & retail occupied by Naked Lounge coffee shop. Common area amenities: outdoor patio deck, courtyard, picnic tables, break room lounge, 50 parking stalls. Retro Lodge is incredibly unique well-located portfolio, rare attractive opportunity for value-add investor, owner-user, or entrepreneurial land developer. Offices could be converted back into residential or hospitality uses, or buildings could be demolished for development of high-rise multi-family, mixed-use, commercial office, or hotel. Walking distance to State Capitol, Golden1 Center/DOCO, popular restaurants, & night life!

Location

State CA

County Sacramento

Area 10814

Direction 11th and H

Location Details Downtown,Freeway Nearby,Restaurant Nearby,Shopping Nearby,Hotel/Motel Nearby,Light Rail Nearby

Interior

Heating See Remarks

Cooling See Remarks

Flooring Carpet, Concrete, Linoleum

Exterior

Parking Features Open

Utilities Available Other

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 50

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 002-0156-024-000

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Ken Turton, Broker
Bought with Ken Turton, Broker

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