Listed by Turton Commercial Real Estate
$4,800,000
829-849 Jefferson Blvd
Details
APN 067-310-018; 067-310-019
Property Type Retail, Mixed Use
Sub Type Restaurant, Commercial
Square Footage 17,180
Tenancy Multi
Rent Bumps Yes
Price per SqFt $279
Acreage 1.290
Zoning CBD
Investment Type Value Add
Retail | 17,180 SqFt
Marketing description
817 Jefferson Blvd and 829-849 Jefferson Blvd present a rare opportunity to acquire two prominent retail assets in the heart of West Sacramento’s Central Business District (CBD). Together, the sites total 81,509 SF of land, strategically positioned at the corner of Jefferson Blvd and Merkley Ave, one of the city’s primary commercial corridors, just south of West Capitol Ave. The sites sit just blocks from The Bridge District, one of the region’s most transformative mixed-use waterfront neighborhoods, and are minutes from Sutter Health Park, home of the Sacramento River Cast and a hub for year-round events.
The CBD zoning is specifically designed to encourage dense, pedestrian-oriented projects that foster a vibrant, downtown-style environment. With allowable density at 20-60 dwelling units per acre, the sites can support a large-scale project with multifamily, retail, or mixed-use components.
The properties can be purchased individually or as a portfolio, offering flexibility for investors and developers.
Investment highlights
- Value-add retail investment potential:
- Existing rents provide immediate income with significant upside through vacancy lease-up and rent adjustments
- Positioned to capture long-term value from the growth of West Sac's Washington District, Bridge District, and Downtown Sacramento
- Tenants benefit from strong visibility, high traffic counts, and proximity to major arterials and freeways
- Redevelopment & mixed-use potential:
- CBD zoning supports a wide range of commercial and vertical mixed-use development
- With allowable density at 20 to 60 dwelling units per acre, the sites can support a large-scale project with multifamily, retail, or mixed-use components
- Combined, the properties total ±81,509 SF of land, equating to development potential of ±240,000 SF
- Surrounded by ongoing development momentum, the sites are ideally positioned for mid-to-long-term redevelopment
- Total site size: 81,509 sf (approx. 1.87 acres across three contiguous parcels)
- Zoning: CBD-central business district, allowing for a wide range of commercial, residential, and mixed-use development.
- Corner location: prominent intersection at Jefferson boulevard & Merkley avenue, one of west Sacramento's busiest corridors.
- Visibility & access: high-traffic frontage along Jefferson boulevard with direct connectivity to downtown Sacramento via tower bridge gateway.
- Allowable density: 20 to 60 dwelling units per acre.
- Nearby amenities: close to civic facilities, established neighborhoods, shopping centers, and regional employment hubs.
- Urban core growth: within west Sacramento's evolving down-town district, which has benefited from major public and private investment in recent years.
- Contiguous land assemblage: rare nearly 2-acre block in the city center, suitable for a catalytic project.
- Flexible development potential:
- Ground-floor retail/restaurant opportunities with residential or office above
- Hospitality or large-format commercial uses
- Mixed-use urban infill project sup-porting west Sacramento's long-term growth vision
- APNS: 067-310-018 (829-845 Jefferson Boulevard); 067-310-019 (849 Jefferson Boulevard)
- County: Yolo
- City: West Sacramento
- Zoning: CBD
- Parcel Size: ±40,075 SF / ± 0.92 acres (829-845 Jefferson Boulevard); 16,200 SF/± 0.37 acres (849 Jefferson Boulevard)
- Total Parcel Size ±56,275 SF / ± 1.29 acres
- Building Size:+11,280 SF (829-845 Jefferson Boulevard); +5,900 SF (849 Jefferson Boulevard)
- Total Building Size: ± 17,180 SF
- Price: $4,800,000
- Price Per Building SF: $279.39
- Price Per Land SF: $85.30
- Allowable Residential Density:20 to 60 DU/acre
- Tenancy: Multi-tenant center with mix of restaurants, retail, and service tenants, including La Bou & Liberty Safe
- Vacancy: Two retail spaces currently vacant (+3,915 SF and ±3,000 SF), providing lease-up upside
- Highlights: Value-add opportunity through increased occupancy, re-tenanting, and rent growth
Listing Contacts
Listed by Turton Commercial Real Estate
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