The Booth Building presents the rare opportunity to acquire 1017 Front Street, a three-story, ±12,240 square foot mixed-use commercial building set in the heart of Old Sacramento, California’s National Historic Landmark District and one of the most trafficked tourist destinations in the entire state.
Originally constructed in the 1840’s and comprehensively renovated and rebuilt in 1970, the property sits along the iconic Front Street boardwalk in the Old Sacramento Waterfront district, drawing more than 5 million visitors annually from across the globe. Its C-3-SPD zoning within the Central Business District supports a diverse range of retail, entertainment, restaurant, and office uses across its three floors.
Offered at $2,100,000 ($172/SF), equating to a 4.47% cap rate on 67% occupancy creating a property opportunity with genuine upside potential for an owner-operator, investor, or end-user seeking to establish a foothold in Sacramento’s most historically significant and visitor-rich submarket, one that benefits simultaneously from both the tourism economy of Old Sacramento and the revitalized energy of Downtown.