Map of Property

Crest Theatre

1011- 1023 K Street, Sacramento, CA 95814

  • For Sale $21,000,000
  • Property Type Retail
  • Property Size 36,771 SF
  • Cap Rate % 7
  • Additional Rent Contact for pricing
  • Year Built 1912
  • Year Renovated 2012
  • Date Updated Oct 4, 2024

The Crest Theatre complex is comprised of six business addresses and seven tenants located in two buildings collectively referred to as the “Crest” or the “Property”. Located between 1011 – 1023 K Street, the Crest is an architecturally extraordinary 36,771 RSF consisting of seven of Sacramento’s most eclectic and successful retail and office tenants.

The Property is being offered at a price of $21,000,000 based on a 7% capitalization rate on budgeted 2024 Net Operating Income of $1,450,000.

The Property is widely considered to be one of the entertainment pillars of the central business district and a highly reliable investment.

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Ken Turton Is this you?

Turton Commercial Real Estate

broker

Scott Kingston Is this you?

Turton Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    66/100 Good Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Downtown Sacramento
  • Zip Code 95814
  • Market Sacramento

Points of Interest

  • St. Rose of Lima Park

    0.03 miles

  • Cathedral Square

    0.18 miles

  • 7th & I/County Center

    0.23 miles

  • 8th & O

    0.29 miles

  • 12th & I

    0.35 miles

  • Archives Plaza

    0.35 miles

  • Sacramento Valley Station

    0.41 miles

  • Central Pacific Freight Depot

    0.60 miles

  • 16th Street

    0.73 miles

  • Broadway

    1.41 miles

  • eVgo

    0.92 miles

  • Arco

    1.08 miles

  • Valero

    1.11 miles

  • One Stop Gas

    1.19 miles

  • Shell

    1.27 miles

  • Arco

    1.29 miles

  • Chevron

    1.36 miles

  • Arco

    1.48 miles

  • Arco

    1.55 miles

  • Shell

    1.55 miles

  • Capitol Garage

    0.15 miles

  • City Hall Parking Garage

    0.22 miles

  • County Public Parking

    0.33 miles

  • ACE Parking

    0.35 miles

  • Lot D

    0.36 miles

  • Plaza Shopping Garage

    0.38 miles

  • Saint Joseph's Jury Parking Lot

    0.39 miles

  • City Lot 297

    0.43 miles

  • Old Sacramento Garage

    0.48 miles

  • Public Parking

    0.49 miles

  • Frank Fat's

    0.08 miles

  • Tiger Bar + Restaurant

    0.08 miles

  • Blackbird Kitchen + Beer Gallery

    0.08 miles

  • Bud's Buffet

    0.11 miles

  • Teriyaki To Go

    0.12 miles

  • O Ponto Brazillian Steakhouse

    0.12 miles

  • El Santo Cantina

    0.12 miles

  • La Bonne Soupe Cafe

    0.15 miles

  • Mother

    0.16 miles

  • La Cosecha

    0.16 miles

  • Macy's Downtown Plaza Sacramento

    0.31 miles

  • Downtown Commons

    0.31 miles

  • Market 5-ONE-5

    0.53 miles

  • Gold Star Mart

    0.64 miles

  • Grocery Outlet

    0.69 miles

  • Safeway

    0.95 miles

  • Raley's

    1.04 miles

  • Asian Food Center

    1.14 miles

  • Target

    1.20 miles

  • Sacramento Natural Foods Co-op

    1.62 miles

Frequently Asked Questions

How much does Crest Theatre cost?

The space currently listed for sale at Crest Theatre asks for $21,000,000.

What is the total square footage of Crest Theatre?

Crest Theatre totals 36,771 square feet.

When was this property built?

Crest Theatre was built in 1912.

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Contact Crest Theatre