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19th Street, Sacramento, CA 95811

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Listing Type
Commercial/Industrial
Listing Status
pending
6
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$4,500,000

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Home Details for 1025 19th Street
Price
$4,500,000
Type
Commercial/Industrial
Lot Size
0.6638
County
Sacramento
MLS®️ Listing#
224103798
On exitrealty.com
336 days
Property Description
1025 19th Street, also known as the WP Building site, is the premiere Opportunity Zone development opportunity in the City of Sacramento. The property features a 28,913 square foot parcel of land bounded by J Street to the north and K Street to the south, with nearly 400 linear feet of frontage along 19th Street (collectively 27k cars per day), a main thoroughfare through the city. The City of Sacramento has deemed the existing building, which was previously used by the Western Pacific Railroad Company, has no historical significance and can be demolished to make way for a new ground-up development project; preliminary investigation supports 240+ units can be constructed on the site. Property benefits from Opportunity Zone tax protections for qualified projects, a rarity in the urban core. AAA location in the heart of Midtown, located adjacent to the historic Sacramento train station (now housing Old Spaghetti Factory) and located on the same block as the MARRS Building and Midtown Farmer's Market. The scarcity of this opportunity, and the ability to construct a truly transformative project in the central city, cannot be understated!
Property Features
Listing Courtesy: Ken Turton, Broker - 916-573-3300. Presented by: Jon M. Lang
mls_icon The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of MetroList Services, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. MetroList Services does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Information deemed reliable but not guaranteed. Copyright ©2025 MetroList Services, Inc.
CA DRE# 01520140. Kris Klair Broker
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$4,500,000

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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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