910 2Nd StSacramento, CA 95814

Property Details for 910 2Nd St

Year built

1900

Construction

TILT-UP CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

9,862 SF

Zone code

C-3-SPD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

006-0012-021-0000

APU

600120210000

Description

This exceptional three-story commercial building, totaling 9,862 square feet, is situated in Sacramento's vibrant Old Sacramento district. Built in 1960, the property boasts a unique blend of historical charm and modern adaptability, zoned C-3-SPD, allowing for a wide range of commercial uses. The basement features a fully operational, approximately 3,200 square foot, second-generation bar and nightclub, complete with a full-service bar, dance floors, DJ booths, and a large outdoor courtyard accessible from Commonwealth Alley, nearly doubling the usable basement space. The ground floor, also approximately 3,300 square feet, offers four large double doors opening onto the boardwalk, 15-foot high ceilings, exposed brick walls, and exposed truss construction, creating an industrial aesthetic ideal for retail or office use. The second floor, similarly spacious at approximately 3,300 square feet, mirrors the ground floor's industrial design with exposed brick, trusses, and HVAC ductwork, complemented by large windows and four skylights providing ample natural light. This floor includes two bathrooms and a small breakroom. The entire property sits on a 1,960 square foot lot (APN: 006-0012-021-0000) and is offered at $1,199,000 ($121.58/sq ft). This presents a rare opportunity to acquire a versatile, established commercial property in a prime location. The building's flexible layout and existing infrastructure make it suitable for a variety of uses, from hospitality to retail to office space, offering significant potential for return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,748,373

  6.5%

  $3,460,037

  7%

  $3,212,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,182,549

  Geo Method

  $2,182,549

• Alternative Use

  Use

  Valuation

  Residential

  $3,460,037

  Hospitality

  $3,169,375

  Educational

  $2,636,883

  Medical

  $2,727,569

  Retail

  $4,101,818

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.584

Longitude

-121.504

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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