Investment Overview

1815 10th Street | Sacramento, California Marcus & Millichap is pleased to present the opportunity to acquire 1815 10th Street, a 1,950-square-foot, single-tenant bar situated on approximately 0.14 acres at the intersection of 10th and R Streets in Downtown Sacramento’s Historic R Street Corridor. Currently leased to Elixir Bar & Grill on a month-to-month modified lease, the property offers a unique opportunity for investors, owner-users, and developers seeking a foothold in one of Sacramento’s established urban districts. The property benefits from its location within the Historic R Street Corridor, a neighborhood that has transformed from a historic railroad and industrial district into a vibrant destination for dining, nightlife, arts, and entertainment. Former warehouses and industrial buildings have been adaptively reused for restaurants, breweries, creative offices, and residential lofts, preserving the area’s historic character while introducing modern amenities. Public streetscape improvements have further enhanced pedestrian access, lighting, landscaping, and bicycle infrastructure, contributing to the corridor’s walkable urban environment. The R Street Corridor continues to attract investment through residential development, adaptive reuse, and mixed-use projects that bring additional housing, retail, and neighborhood-serving amenities to Downtown Sacramento. The property is conveniently positioned near Midtown, the California State Capitol, Downtown employment centers, and an expanding collection of restaurants, bars, and cultural destinations. This central location offers access to a diverse mix of residents, professionals, and visitors while benefiting from the continued revitalization of Sacramento’s urban core. Zoned Residential Mixed Use (RMX) with a Special Planning District (SPD) designation, the property presents multiple potential investment strategies. Buyers may continue the existing bar operation, pursue an owner-user opportunity, or evaluate the site’s potential for future redevelopment, subject to applicable zoning, planning, historic preservation, and building requirements. With existing occupancy, a flexible month-to-month lease structure, and a location within an established redevelopment corridor, 1815 10th Street offers an opportunity to participate in the continued evolution of Downtown Sacramento.