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K Street building in Downtown Sacramento sells for $4.95 million

Source: Sacramento Business Journal

A building in the heart of Downtown Sacramento’s K Street corridor has been sold, and recent filings indicate a new business could be in the works for a vacant space at the location.

The building at 1020 K St. is 31,897 square feet, according to online marketing materials from Turton Commercial Real Estate. It is home to nightclub District 30 and Dive Bar, which features a saltwater aquarium and underwater performers. Pizza Rock, a pizza restaurant that also has a site in Las Vegas, also operated out of the location before closing during the pandemic.

Broker Scott Kingston of Turton Commercial announced the building has been sold for $4.95 million in a social media post on Thursday evening. Details about the buyer were not provided, and Kingston could not be reached for comment.

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