Sold

Closed

1111 H Street 3RD

Sacramento CA, 95814

$6,125,000


$190.74 per sqft

Sold

Closed

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

May 12, 2022

Listed

November 22, 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

Courtesy of Ken Turton, Broker, Patrick Stelmach,
Listing Contact:  

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