917-923 Drever St - Office/Residential FOR SALE


West Sacramento, CA 95691- Old West Sacramento
$1,169,000 USD
916-573-3308
917-923 Drever St, West Sacramento, CA for Sale
$1,169,000 USD
Office/Residential - FOR SALE
1/31
null | Request Cap Rate

917-923 Drever St
West Sacramento, CA 95691
Old West Sacramento


HIGHLIGHTS

  • SELLER FINANCING AVAILABLE! Only micro mixed-use property for sale in West Sacramento’s Opportunity Zone, with value-add and owner-user potential
  • Two-story building with ±1,560 SF upstairs residential unit, ±1,560 SF office leased through 2029, plus ±5,000 SF yard on 3 parcels totaling ±10,000
  • Flexible layout with stubbed plumbing and grandfathered zoning allowing up to four residential units
  • Located 1.5 miles from CalSTRS and Department of General Services, less than a mile from Sutter Health Park, near new housing developments
  • Pro forma cap rate of 6.34% as one unit plus office, 7.88% as fourplex conversion
  • Walkable, connected location near Downtown Sacramento, the riverfront, and major regional destinations

OVERVIEW

SELLER FINANCING AVAILABLE! Turton Commercial Real Estate is pleased to present 917–923 Drever Street (“The Property”), the only micro mixed-use commercial asset for sale in West Sacramento’s Opportunity Zone, an unmatched value-add investment with owner-user potential. 917–923 Drever Street is one of the most adaptable properties in the growing West Sacramento submarket. The Property comprises of a two-story mixed-use building featuring, a ± 1,560 SF upper-level residential unit and a ± 1,560 SF lower-level office leased to Reliable Home Solutions through January?31,?2029, flanked by an adjacent ±?5,000 SF yard currently used by Reliable Home Solutions. Combined, the three parcels total approximately ± 10,000 SF. Thanks to its unique construction, with plumbing and drains stubbed out to four separate locations equally distributed between the two floors and grandfathered zoning, the Property can be configured anywhere from a large singular office to four individual residential units, with the upstairs immediately available as a residence or office. Positioned on Jefferson Avenue, West Sacramento’s main artery, this Opportunity Zone offering sits just 1.5 miles south of the region’s two largest public employers: the California Department of General Services and the California State Teachers’ Retirement System. Nearly 60,000 residents live within a two-mile radius, including in newer developments such as The Block, The Foundry, Park Moderns, Kind West, 980 Central, Edge, and Habitat Apartments. Additionally, The Barn draws in over 110,000 locals and visitors a year (Placerai 2025). Sutter Health Park, the new home of MLB’s Oakland Athletics for the next few years, is less than one mile away. As West Sacramento continues to flourish and develop, don’t miss your chance to acquire 917–923 Drever Street and plant your stake in the heart of the action.

FOR SALE DETAILS

PRICE

$1,169,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,110 SF

ZONING

M-1

APN/PARCEL ID

058-015-002-000,058-015-003-000,058-015-004-000

ASK ABOUT THIS PROPERTY

Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

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Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

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