treet Alley 23rd Street FOR SALE 2419 and Street, PRIME CENTRAL CORE OPPORTUNITY Sacramento, CA 95815

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1 FOR SALE 2419 and Street, Street McCulley Brothers Complete Automotive Repair Google rdmaps plete Automotive Repair PRIME CENTRAL CORE OPPORTUNITY X Street Broadway S treet ing nald s pa rk McDo 23 rd Alley 23rd Street All ey PROPERTY McDonald s pa rking Broadwa y Street Stre e t Imagery 2017 Google, Map data 2017 Google 20 ft

2 FOR SALE 2419 and rd Street PROPERTY HIGHLIGHTS Property Description The Subject Property is located adjacent to what is known as The Broadway Corridor, home to a variety of businesses, residents, government facilities, industrial centers, and cultural hot spots in the City of Sacramento. Formerly known as Y Street, Broadway has a rich history and contemporary street vibe that must be preserved and enhanced. The corridor is comprised of three distinct districts: the Marina District, the Tower District, and the Upper District. While each of these districts has all of the basic amenities to serve the existing land uses, the corridor lacks the facilities necessary to take full advantage of its potential to become a vibrant mixed-use multi-modal destination. The subject property is approximately.28 acres in land size (12,493 SF) and consists of 2 parcels with approximately 6,160 SF of building, 1,560 SF of covered shed roof area along with a concrete paved, fenced parking/yard area if approximately. This property location offers a prime development opportunity for a mixed use commercial-residential development. The Property offers an excelent opportunity for a brew pub, restaurant, art gallery, or other public gathering space. The Property is ideally located just off Business Interstate 50 and 80 and also has easy access to Interstate 99. The property is located in close proximity to major employers like Department of Motor Vehicles and Sutter General Hospital. APN SF (Assessor) Acre (Assessor) SF (Calculated) Acre (Calculated) Parcel # , , Zoning Current Use Parcel # , , C-2 comm Total 12, , Zoning: C-2 Commercial The purpose of the C-2 zone is to provide for the sale of goods; the performance of services, including repair facilities; office uses; dwellings; small wholesale stores or distributors; and limited processing and packaging. This is a general commercial zone which provides for the sale of commodities, or performance of services, including repair facilities, offices, small wholesale stores or distributors. Good examples are a small neighborhood hardware store or a corner market or restaurants, retail outlets, coffee shops, brewpubs, cannabis, and art gallerys. Height allowances: the maximum height is 65 feet, however there is a transitional height restrictions if the C-2 zone is within certain distances of the R-1, R-1B, and R-2 zones. There is no lot coverage requirement. Minimum and maximum floor area ratios are established in the general plan and should be referenced in. Ord and Ord Demographic Overview Local market area: neighborhoods of Land Park, Curtis Park, Southside Park, Richmond Grove, Newton Booth and portions of Oak Park (census tracts) 12,700 households, about 26,500 population (2010), diverse Higher household income than the City, diverse income distribution.

3 FOR SALE 2419 and rd Street 95815

4 FOR SALE 2419 and rd Street The Broadway Corridor Last year developers poured foundations for the first of what will be 1,000 And restaurateur Randall Selland just opened his upscale restaurant, The Kitchen, town homes, bungalows and lofts on a 32-acre former lumber mill site near the from the suburbs to an old supermarket site across Broadway from the old city intersection of Interstate 5 and interstate The project, called The Mill at cemetery a move cheered up and down the corridor. It was location, location, Broadway, is billed as a future home for young adults who want to walk to work location, Selland said. Honestly, we have been looking downtown to move The downtown, and for baby boomers who might trade bigger Land Park houses Kitchen for a couple of years, and really it s the perfect location for what The and yards for a lock-and-leave lifestyle. Sales to date have been very successful Kitchen is and what people want from it. 6/6/2017 more phases are under construction rd rd St Google Maps St A few blocks east, redevelopment officials and private developers plan to tear down the World War II-era housing projects known as Marina Vista and Alder Grove, and replace them with a denser, mixed-income community. The pub- The idea, proponents say, is to transform what has become a dangerous, highspeed commuter cut-through into a tree-lined, small-town street where people can ride bikes and restaurants are willing to put tables out for sidewalk seating. lic-private group is expected to brief the City Council on its plan later this month. et e r rd St 3 2

5 FOR SALE 2419 and rd Street Parcel Map Aerial Close Up Alley PROPERTY 23 rd Street McDonald s parking Broadway Street.

6 FOR SALE 2419 and rd Street The Broadway Corridor The goal of the Corridor Streets effort is to identify the changes necessary to make this historic Corridor a more inviting and safe place for all users. In 2012, the Urban Land Institute s Sacramento District Council (ULI), in cooperation with the Greater Broadway Partnership, developed a Vision Plan for the Broadway Corridor. The Vision Plan included a variety of recommendations for the Broadway Corridor from pedestrian enhancements, suggestions for mixed-use infill development, and aesthetic guidelines for each District and the Broadway Corridor as a whole. ULI envisioned Broadway not only as a Complete Street, but also as a premier pedestrian street. The City of Sacramento, in collaboration with the Greater Broadway Partnership, Sacramento Area Council of Governments (SACOG), Sacramento Regional Transit (RT), the California Department of Transportation (Caltrans), and the community, is working to refine the work completed by ULI into a Complete Streets Plan in order to bridge the gap between vision and implementation. The result of this effort will be a detailed plan of specific improvements intended to balance all modes of travel and enhance the Broadway Corridor as a destination to live, work, and play. The goals of the Broadway Complete Streets Plan include: Balance accessibility for all modes of transportation in the Broadway Corridor Enhance safety and comfort for all modes, especially pedestrians and bicyclists Encourage economic revitalization and reinvestment along the Corridor Currently, the Broadway Corridor is an automobile-dominated arterial with sidewalks of varying widths, complicated pedestrian crossings, and discontinuous bike lanes creating a less than optimal environment for anyone attempting to travel without a car.