Sold
1111 H Street 3RD
Sacramento CA, 95814
$6,125,000
$190.74 per sqft
Sold
32,112 sqft
Commercial
Built in 1950
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!
222061661
MLSⓇ ID
April 25, 2024
Updated
Map
1111 H Street 3RD
Sacramento CA, 95814
Interior Features
Interior Features
Carpet, Concrete
Floor Description
Carpet, Concrete
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.64 Acres
Sewer
Public Sewer
Other Property Details
Area Name
10814
Garage
No
View
No
County
Sacramento
Water Source
Public
Pool
No
Zoning
C-2-SPD / C-3-SPD
Buyer Agency Compensation
1.5%
Courtesy of Ken Turton, Broker, Patrick Stelmach,
Listing Contact:
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