1011 K StSacramento, CA 95814

This exceptional investment opportunity presents the Crest Theatre, a thriving restaurant complex located in the heart of Sacramento, California. The property boasts a commanding presence at 1011, 1013, 1015, 1017, 1021 and 1023 K Street, zip code 95814, within Sacramento County. Comprising two buildings totaling 36,771 square feet of net rentable space, the Crest Theatre offers a substantial footprint for a successful restaurant operation. Built in 1912 and extensively renovated in 2012, the property benefits from a blend of historical charm and modern amenities. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $1,450,000, translating to an attractive 7.00% capitalization rate. The asking price for this prime retail property is $21,000,000. The property's prime location and impressive financial performance make it an exceptional addition to any investment portfolio. The APN is 006-0103-011-000. This is a rare chance to acquire a landmark Sacramento establishment with significant upside potential. Don't miss this opportunity to own a piece of Sacramento's vibrant culinary scene.