520 9th St - Office FOR SALE


Sacramento, CA 95814- Alkali Flat
$6,150,000 USD
916-612-5314
520 9th St, Sacramento, CA for Sale
$6,150,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

NEW


520 9th St
Sacramento, CA 95814
Alkali Flat


HIGHLIGHTS

  • Rare owner-user opportunity with 12,185 SF available for immediate occupancy and existing income in place
  • 20,012 RSF mixed-use asset comprised of creative office space, five residential units, and covered parking
  • Distinctive two-story creative-office building featuring abundant natural light, skylights, and a central lightwell
  • Diversified income stream from leased office space, residential units, and parking helps offset occupancy costs
  • Exceptional Downtown Sacramento parking ratio with 32 covered on-site stalls
  • Strategic location within walking distance of the State Capitol, County Courthouse, City Hall, and the transformative Railyards district

OVERVIEW

520 - 530 9th Street offers a rare ownership opportunity in the heart of Downtown Sacramento’s Central Business District, a two-story creative-office building distinguished by a central lightwell, generous skylights, and uninterrupted window lines that flood the interior with natural light. The architecture reads more loft than tower: human-scaled, character-rich, and well-suited to organizations that want a headquarters with a point of view rather than a generic high-rise floorplate. The property comprises of 20,012 rentable square feet: 17,412 SF of office space, 5 residential units, and 32 covered parking stalls, a parking ratio almost unheard of for a Downtown asset of this caliber. In addition, the office and residential components each has its own private and separate entrances. Within the office program, 12,185 contiguous square feet is currently available for an incoming owner-user, providing a move-in-ready headquarters footprint while the balance of the building remains income-producing through in-place office, residential, and parking tenants. The property provides a unique ability for an owner to establish a long-term headquarters presence while materially offsetting occupancy costs through stable income generated by leased office space, residential units, and parking revenue. This dual dynamic, control of real estate coupled with income support, positions the asset distinctly between a traditional owner/user building and an investment property. The practical effect is a more durable cost basis: ownership of a distinctive, light-filled creative-office address typically reserved for institutional tenants, paired with diversified rental income that meaningfully reduces the effective carrying cost of occupancy and provides optionality as the organization grows into the building over time. The most likely buyer is not a pure passive investor. Rather, the ideal purchaser is an association, nonprofit, professional services group, education-related organization, labor group, public affairs organization, or regional business seeking a long-term Downtown headquarters. For these mission-driven and access-driven organizations, proximity to the State Capitol, the County Courthouse, the Railyards, and the broader civic core is not a convenience, it is a strategic asset. 520 - 530 9th Street places them within walking distance of the full arc of state and county decision-making, while the rapidly emerging Railyards district immediately to the north — Sacramento’s largest infill redevelopment, anchored by Sutter Health Park, the Kaiser Permanente medical campus, and a fast-growing residential, retail, and entertainment base — extends the address’s gravity into the next generation of Downtown growth. With distinctive creative-office architecture, contiguous owner-user space, secured covered parking, on-site residential units, and a location within walking distance of the Capitol, the courts, City Hall, the Railyards, and Downtown’s growing restaurant and hotel core, 520 - 530 9th Street represents an increasingly rare combination of character, scale, and location. For the right organization, the building is more than a real estate transaction, it is the foundation of a multi-decade headquarters strategy housed in a building with genuine architectural identity and supported by a built-in income stream. Available for sale or lease, the property invites principals to define their Downtown presence on their own terms.

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

RO-SPD

APN/PARCEL ID

002-0104-011

ASK ABOUT THIS PROPERTY

Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

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Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.