Property Details
About this Property
We are pleased to present the opportunity to purchase 601-605 15th Street. This recently renovated two-story, 6,512 SF, mixed-use building is being offered for $1,895,000, reflective of a 7.8% capitalization rate based on a blended actual and proforma Net Operating Income of $147,635.61 creating a perfect opportunity for a restauranteur looking to make their first move into building ownership or an investor focused on mixed-use value-add investments. The approx. 3,764 SF ground floor restaurant space offers any potential users all the benefits of a well thought out second-generation spaces with kitchen complete with hood, sinks, floor drains and full bar buildout allowing flexible use as one contiguous space or leveraging the multiple street entrances and four separate restrooms for two distinct and separate concepts. Remodeled in 2020, the fully occupied four residential units offer tenants tasteful and timeless upgrades including LVP flooring, modern countertops, new dishwashers, cooktop and side-by-side refrigerators, washer/dryer hookups and modern frameless glass shower enclosures. Combined with the roughly 313 SF patio to make an inviting home for anyone looking for the Downtown/Midtown experience. Seller financing available.
MLS Listing Information
MLS #
ME225142602
MLS Source
MetroList Services, Inc.
Days on Site
25
Interior Features
Appliances
Cooktop - Gas, Dishwasher, Oven - Built-In, Oven - Electric, Refrigerator
Flooring
Tile, Vinyl, Wood
Cooling
Ceiling Fan, Separate
Heating
Separate
Exterior Features
Roof
Flat
Foundation
Slab, Masonry Perimeter
Style
Other
Parking, School, and Other Information
Garage/Parking
Street, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
C2
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 5 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 625 | 1 | 1/0 | $2,400 |
| 2 | 625 | 1 | 1/0 | $2,400 |
| 3 | 625 | 1 | 1/0 | $2,200 |
| 4 | 873 | 2 | 1/0 | $2,600 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
601 15th Street is a Residential Income in Sacramento, CA 95814. This 0 square foot property sits on a 6,098 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,895,000 and was built in –. This address can also be written as 601 15th Street, Sacramento, CA 95814.
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This listing information is up-to-date as of November 12, 2025. For the most current information, please contact James Nabers, (916) 817-0140
