1019 Front Street, Sacramento, CA, 95814

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$3,370,000
9 Days On Site

1019 Front Street
Sacramento, CA 95814

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
23,143
SqFt
$146
/SqFt
1910
Built
County:
Sacramento
Listed by Kelly Rivett of Cornish & Carey Commercial kelly.rivett@nmrk.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1019 Front Street1019 Front Street1019 Front Street1019 Front Street
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Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire the Booth Company Building, a fully stabilized,100% occupied mixed-use investment located at 1019-1025 Front Street in Old Sacramento, California. Offered at $3,370,000 and a highly attractive 7% Capitalization Rate, this premier investment opportunity is within the historic waterfront and its surrounding submarkets. Originally built in 1870 and registered as California Historical Landmark No. 607, the building has been meticulously maintained, professionally managed, and extensively remodeled from 1981 to the present day, effectively eliminating the near-term deferred maintenance or heavy capital expenditure typically associated with historic properties. From an investment perspective, the Booth Company Building offers an unmatched risk-adjusted yield and defensive cash flow structure within a highly stable submarket. Featuring a unique architectural layout of three stories over a full basement, the property commands199 feet of continuous frontage directly on Front Street, capturing maximum visibility across from the active waterfront. This prime location houses 4 long-tenured ground-floor retail tenants, and is paired with 7 unique apartment units both on the ground, second, and third floors.

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Listing Snapshot
Price 
$3,370,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
23,143 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2173 Acres
Year Built 
1910
MLS® Number 
ML82063130
Status 
Active
Property Tax 
$47,708
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.2173
Additional Property Use 
CommercialResidentialSingle Family
Number Of Stories 
3
SqFt Total 
23143
Water Source 
Public
Zoning 
C-3
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Roof 
Flat
Community Features
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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