242 N Sutter St - Retail FOR SALE


Stockton, CA 95202- Downtown Stockton
$899,900 USD
916-613-3339
242 N Sutter St, Stockton, CA for Sale
$899,900 USD
Retail - FOR SALE
1/34
null | Request Cap Rate

242 N Sutter St
Stockton, CA 95202
Downtown Stockton


HIGHLIGHTS

  • Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
  • 11,000 SF ground floor shell with 17+ ft ceilings
  • Over 8,500 SF on Floors 10–12, with 5,000+ SF usable now
  • Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
  • Neighboring parcel just acquired by San Joaquin County Office of Education for expansion, anchoring the area’s revival
  • Millions in upgrades: seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows & doors

OVERVIEW

The Medico-Dental Building, Stockton's first skyscraper and now its 3rd tallest, is a 12-story Gothic Revival landmark at Miner & Sutter. Offered lender-owned at under $900k, this is a rare redevelopment opportunity. Includes ~11,000 SF of ground floor shell plus 8,500+ SF on floors 10-12 (5,000+ SF usable now). Ground floor features 17+ ft ceilings, exposed brick/timber, nearly all new windows/doors, and utilities ready to pop up from the basement. South wing includes a 2,539 SF showroom with a 2,444 SF former tire shop plus 1,100 SF with retail frontage or adaptive reuse potential. Basement adds 2,000+ SF of secure storage. The 11th & 12th floors each provide 2,500+ SF open-slate creative space with skyline views; the 10th (~3,000 SF) is leased to a telecom tenant for future upside. Millions invested in seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows, and doors. Zoned CD (Commercial Downtown) with broad permitted uses. Walking distance to courthouse, county offices, arena, hotels, and one block from the city bus terminal. Neighboring parcel acquired by San Joaquin County Office of Education for expansion, anchoring this site at the heart of Stockton's downtown revival.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Medico-Dental Building, Commercial Zones

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CD

APN/PARCEL ID

139-370-02,139-370-04,139-370-05,139-370-06

ASK ABOUT THIS PROPERTY

Judy CuongPortfolio Real EstateMore Info
916-613-3339

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Judy CuongPortfolio Real EstateMore Info
916-613-3339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.