1022 G Street, Sacramento, Ca for Sale Or Lease Sale Price: $1,495,000
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PRICE REDUCTION 1022 G STREET, SACRAMENTO, CA FOR SALE OR LEASE SALE PRICE: $1,495,000 1022 G STREET, West SACRAMENTO, CA Rivi eerr ici anan Sacramento AmA err MILLER PARK CALIFORNIA AUTOMOBILE FEDERAL MUSEUM SSacrc amentot Rivvere COURT HOUSE CAPITOL MALL SOUTHSIDE PARK CESAR CHAVEZ PLAZA SACRAMENTO CITY HALL CALIFORNIA MUSEUM STATE CAPITOL Downtown Sacramento COMMUNITY CENTER R ST THEATER SACRAMENTO CONVENTION CENTER CALIFORNIA MUSICAL THEATRE SACRAMENTO CENTER MEMORIAL AUDITORIUM FREMONT PARK TH ST CAPITOL AVE J ST L ST Midtown Sacramento TH ST TH ST PROPERTY DESCRIPTION A 1918 California Craftsman at its finest. Originally a rare fourplex of apartments, later converted to executive office space. Current owner lovingly restored much of the property in 2013 with full HVAC replacement, (3) bathroom renovations, (2) breakroom conversions, conference room conversion, floors, interior and exterior paint, and energy-efficient windows on 3 of 4 sides. Interior shows as a true masterpiece of the period construction, with much of the original inlaid wood floors, built-in curio cabinets, mosaic entry and plaster walls still in immaculate condition. Architecture aficionados will note the gables on the exterior, which were common in Victorian-era construction but crossed over to this property in the transitional design age of its original construction. No one walks into 1022 G Street without noting the detail of this bygone construction era in Sacramento. Workspace has been modified for contemporary use, with varied and collaborative designs reflective of today’s unique workforce. A one-of- a-kind property not to be missed. PARKING DETAILS 11 parking spaces in connected parking lot leased from Virga Law Firm at a monthly rate of $120 per month, per space. PROPERTY HIGHLIGHTS » Property Size: ±8,618 SF » Parcel Size: ±3,884 SF » Victorian Style Construction, Hardwood Flooring & Wood Paneling Throughout » Convenient Downtown Location » Many Walkable Amenities, including the new Golden 1 Center » APN: 002-0154-008 » Zoning: RO (Residential Office) » Potential to Convert Back to Multi-Family AMENITIES MAP LOGO: STACKED VERSION STACKED FULL COLOR LOGO West Sacramento 1” American River MILLER PARK MEDICAL CENTER CALIFORNIA (Proposed) 4,000-10,000 AUTOMOBILE FEDERAL MUSEUM COURT HOUSE RESIDENTIAL UNITS Sacramento River (Proposed) 405,000 SF HOTEL AND MUSEUM SACRAMENTO COUNTY (Proposed) COURTHOUSE SOCCER STADIUM CAPITOL MALL (Planned) THE RAILYARDS (Under Const.) P P SOUTHSIDE PARK 1022 G STREET, SACRAMENTO P CITY HALL CESAR CHAVEZ PLAZA SACRAMENTO, CA CALIFORNIA MUSEUM P P Downtown Sacramento STATE CAPITOL COMMUNITY CENTER R ST P P THEATER SACRAMENTO STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA) CONVENTION P CENTER P P P CALIFORNIA MUSICAL THEATRE SACRAMENTO P CENTER MEMORIAL AUDITORIUM FREMONT PARK P 16TH ST PROPOSED DEVELOPMENT CAPITOL AVE PROPOSED P DEVELOPMENT J ST L ST Midtown Sacramento NEW DOG PARK STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA) 19TH ST PROPOSED DEVELOPMENT 20TH ST THE NEW SACRAMENTO THE NORTHERN CALIFORNIA THE NUMBER OF MEGAREGION IS A COMPETITIVE DOWNTOWN JOBS MARKETPLACE OF 60MINS. HAS INCREASED 38% TO BERKELEY 12.2M PEOPLE SINCE THE ANNOUNCEMENT OF THE G1C OPENING IN THE WITH A REGIONAL GDP HIGHER THAN 90 MINS. FORMER DOWNTOWN WESTFIELD PLAZA ANY U.S. MEGAREGION TO SAN JOSE & SAN FRANCISCO CONNECTED TO THE TO CONNECTED MEGAREGION CALIFORNIA NORTHERN 27 NEW STORES 365,240 HAVE OPENED CURRENTLY ENROLLED DOWNTOWN 28% 50% 4-YEAR UNIVERSITY OF THE 2.5M THAT OF THOSE HAVE SAID & STUDENTS WITHIN LIVE IN SACRAMENTO THEY WANT TO LIVE 100 MILES ARE MILLENNIALS DOWNTOWN SINCE THE 23 ANCHORED BY TOP INTRODUCTION OF OTHERS ARE UC SCHOOLS GOLDEN 1 CENTER SCHEDULED TO OPEN IN 2018 74% AND SACRAMENTO IS THE RANKED OF MILLENNIALS #1 #3 IN THE BAY AREA THE NATION FOR MILLENNIAL ARE CONSIDERING LEAVING DESTINATION SACRAMENTO REGION Home to the California state capitol and rich with history and a sense of community, the Sacramento Region is also known for its central location. Located in the north central portion of the state, this geographic location provides convenient access through major highways and freeways to destinations like the Pacific Coast, Sierra Nevada Mountains, Yosemite National Park, Napa Valley and Lake Tahoe/Reno. The Sacramento Metropolitan Area (MSA) includes seven counties and an estimated population of over 2.2 million residents. Its metropolitan area is the fourth largest in California and the 25th largest in the United States. The Sacramento Region boasts a diversified economy with traditional and innovative economic activity that provides stability and growth to the market. The region is quickly developing into a world-class technology community, with specific competitive advantages in renewable energy, biotechnology, and agricultural and food sciences. Sacramento Region’s Competitive Advantages. » California’s Policy HQ – Home base for federal and state agencies and departments, as well as executive and legislative arms of state government. » Affordability – Most cost-effective of California’s major metro areas, from business costs to the costs of living. » Talented Workforce – A deep labor pool that spans many industries and allows employers to draw from Sacramento State, UC Davis, Stanford and UC Berkeley. » Strong Education – Top Universities within 100 miles provide over 350,000 students with a diverse and “world-class” education. » Optimal Location for Logistics – Central location within the western U.S. with a strong transportation system: air, roadway, rail, and waterway. 34.534.5 10%10% 66,63066,630 MEDIAN AGE IN MIDTOWN AVERAGE INCOME GROWTH NUMBER OF PEOPLE MIGRATING OVER NEXT 2 YEARS IN TO SACRAMENTO FROM OTHER SACRAMENTO MSA LARGE CA CITIES THE RAILYARDS - RENDERINGS The Railyards is the nation’s largest infill project at over 244- acres and will become an entertainment destination with its own distinct history, look, and feel. The Kaiser hospital will be a focal point of the Railyards, combining with an expected MLS stadi- um, restaurants, shopping and housing to create a great experience for those in and adjacent to the Railyards. 1022 G Street is uniquely positioned to take advantage of all the exciting things to come. THE RAILYARDS - SITE PLAN SITE PLAN RESIDENTIAL FUTURE BRIDGE CENTRAL SHOPS PROPOSED PARKING GARAGE (LOT 17) 3 1022 G STREET, SACRAMENTO, CA CONTACT US: TONY WHITTAKER Senior Vice President +1 916 492 6914 [email protected] Lic. 01780828 ROMAN VASSEL Sales Assistant +1 916 446 8286 [email protected] Lic. 02054952 © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reli- ance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. 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