Turton Commercial Real Estate is proud to have brokered the sale of 1714 28th Street, an increasingly rare stand-alone building with onsite parking in Midtown. After forty years in business, owner-user California Precision Services entrusted TCRE with the disposition of the Property as a crucial component of his retirement plan. Rapidly expanding family investor group D&G Financial Management used the purchase to satisfy a 1031 exchange requirement and have tasked TCRE with the leasing of their new acquisition. Kimio Bazett and Jon Lang represented the Seller and Kimio Bazett and Matt Axford represented the Buyer in the transaction. – December 2023

Turton Commercial Real Estate is proud to offer the opportunity to acquire fee simple interest in 1714 28th Street, which consists of two parcels totaling approximately 4,800 SF of land with an approximately 1,482 SF standalone building situated on one of the parcels. At just $150 per SF, this site represents a unique value proposition for an owner-user or infill developer, as these “bite-sized” properties become increasingly rare within the urban core.

The Subject Property sits just one block from Albert Winn Park, which is home to the historic Sacramento Fire Department call relay center, which is being completely remodeled for use as a Hispanic Cultural Museum. The park also hosts “Wednesdays at Winn” evening farmer’s market and community gathering, which is administered by the Midtown Association’s nonprofit arm, Midtown Parks.