Property Details
About this Property
Newmark, as the Exclusive Advisor, is pleased to present the opportunity to purchase 5250 Date Avenue. This 2-story multi-tenant office building was constructed in 1970 and is comprised of ±7,350 square foot on a 0.93/acre parcel. The building is in immaculate shape, and the grounds are beautifully landscaped with mature trees and shrubs. This freestanding office building contains 10 office suites and is ideal for an investor looking to increase cash flow through lease up or an owner-user looking to occupy and expand into some of the vacant space. Current occupancy is approximately 50% between 5 tenants on short term leases. This vacancy was purposely done, as ownership is in the process of getting plans approved with the County of Sacramento to change the existing office use (LC-General Office) to multi-family (RD-20). This intent would convert the existing office building into 12 market rate apartment units (8-1/1s and 4-Studios), plus the opportunity to build an additional 6 units in a new building on existing land to the immediate east.
MLS Listing Information
MLS #
ML81960965
MLS Source
MLSListings, Inc.
Commercial Information
# Buildings / # Units
1 / 10
Parking Spaces
30
Present Use
Office
Utilities
Public Utilities, Water - Public
Interior Features
Flooring
Carpet, Vinyl/Linoleum
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Tile
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
LC
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 10 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
5250 Date Ave is a Commercial Sale in Sacramento, CA 95841. This 7,352 square foot property sits on a 0.93 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $970,000 and was built in 1970. This address can also be written as 5250 Date Ave, Sacramento, CA 95841.
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This listing information is up-to-date as of June 10, 2024. For the most current information, please contact Kelly Rivett, (916) 569-2385
