1830 L Street

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1830 L Street

1830 L Street, Sacramento, CA

Status: Completed Urban Redevelopment
Property Type: Retail Building
Project Type: Acquisition and Repositioning
Size: 7,200 square feet
Capital Structure: Private equity – internally managed discretionary fund

1830 L Street is located in the heart of Midtown Sacramento.  This area is known for popular restaurants, boutiques, and lofts attracting numerous tenants and residents.  Ridge Capital, Inc. purchased this site as a former Laundromat.  The lot has been cleared and leased on a long-term basis to a company backed by Anheuser Busch Corporation and they are developing a unique locally branded brewery, tasting room and restaurant.  The building will be a striking design in keeping with its prominent mid-town location.