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33176092
33176094

520-530 9th Street, Sacramento, CA 95814

SR
CA 02092283
Turton Commercial Real Estate
BB
Turton Commercial Real Estate
SK
Turton Commercial Real Estate
JL
CA 01934934
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate
$6,150,000
6 days on market
Updated 6 days ago

520 - 530 9th Street

Details
APN 002-0104-011
Property Type Multifamily, Office
Sub Type Creative Office, Apartment Building
Square Footage 20,012
Net Rentable (SqFt) 20,012
Units 5
NOI $395,768
Tenancy Multi
Brand/Tenant California Black Health Network, Inc. (+3)
Lease Type Gross
Price per SqFt $307
Year Built 1945
Buildings 1
Stories 2
Lot Size (SqFt) 18,444
Zoning RO-SPD
Parking Spaces 32 spaces
Parking Per SqFt 1.60
Investment Type Owner/User

520-530 9th Street, Sacramento, CA 95814

Marketing description

520 - 530 9th Street offers a rare ownership opportunity in the heart of Downtown Sacramento's Central Business District, a two-story creative-office building distinguished by a central lightwell, generous skylights, and uninterrupted window lines that flood the interior with natural light. The architecture reads more loft than tower: human-scaled, character-rich, and well-suited to organizations that want a headquarters with a point of view rather than a generic high-rise floorplate. The property comprises of 20,012 rentable square feet: 17,412 SF of office space, 5 residential units, and 32 covered parking stalls, a parking ratio almost unheard of for a Downtown asset of this caliber. In addition, the office and residential components each has its own private and separate entrances.

Within the office program, 12,185 contiguous square feet is currently available for an incoming owner-user, providing a move-in-ready headquarters footprint while the balance of the building remains income-producing through in-place office, residential, and parking tenants.

The property provides a unique ability for an owner to establish a long-term headquarters presence while materially offsetting occupancy costs through stable income generated by leased office space, residential units, and parking revenue. This dual dynamic, control of real estate coupled with income support, positions the asset distinctly between a traditional owner/user building and an investment property. The practical effect is a more durable cost basis: ownership of a distinctive, light-filled creative-office address typically reserved for institutional tenants, paired with diversified rental income that meaningfully reduces the effective carrying cost of occupancy and provides optionality as the organization grows into the building over time.

The most likely buyer is not a pure passive investor. Rather, the ideal purchaser is an association, nonprofit, professional services group, education-related organization, labor group, public affairs organization, or regional business seeking a long-term Downtown headquarters. For these mission-driven and access-driven organizations, proximity to the State Capitol, the County Courthouse, the Railyards, and the broader civic core is not a convenience, it is a strategic asset. 520 - 530 9th Street places them within walking distance of the full arc of state and county decision-making, while the rapidly emerging Railyards district immediately to the north — Sacramento's largest infill redevelopment, anchored by Sutter Health Park, the Kaiser Permanente medical campus, and a fast-growing residential, retail, and entertainment base — extends the address's gravity into the next generation of Downtown growth.

With distinctive creative-office architecture, contiguous owner-user space, secured covered parking, on-site residential units, and a location within walking distance of the Capitol, the courts, City Hall, the Railyards, and Downtown's growing restaurant and hotel core, 520 - 530 9th Street represents an increasingly rare combination of character, scale, and location. For the right organization, the building is more than a real estate transaction, it is the foundation of a multi-decade headquarters strategy housed in a building with genuine architectural identity and supported by a built-in income stream. Available for sale or lease, the property invites principals to define their Downtown presence on their own terms.

Investment highlights

  • Rare Owner-User, Move-In Ready Headquarters Presence in CBD
  • 20,012 RSF total rentable building area
  • 17,412 SF office space
  • 5 residential units
  • 12,185 SF available for owner/user
  • $6.15M asking price
  • $2.20-2.50 per SF/Mo FSG lease rate
  • 32 covered parking stalls
  • Two-story creative-office building with central lightwell, generous skylights, and uninterrupted window lines
  • Office and residential components each with own private and separate entrances
  • Income-producing through in-place office, residential, and parking tenants
  • Walking distance of the State Capitol, City Hall, the County Courthouse, the Railyards
  • Intersection of public-sector access and private-sector amenity
  • Walk Score: 84 / Transit Score: 64 / Bike Score: 99

Listing Contacts

SR
CA 02092283
Turton Commercial Real Estate
BB
Turton Commercial Real Estate
SK
Turton Commercial Real Estate
JL
CA 01934934
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$395,768.00
$32,980.67/mo

Valuation Metrics

0
DSCR
6.44%
Cap Rate
6.44%
ROI

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Additional Information

Name
Shilo Rochelle
License
02092283
Brokerage
Turton
Brokerage Phone
9167698005
Title
Senior Director
Brokerage Address
2131 Capitol Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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