2224 J St - Storefront Retail/Office FOR SALE


Sacramento, CA 95816
$1,100,000 USD
916-606-3828
2224 J St, Sacramento, CA for Sale
$1,100,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 4.7% Cap Rate

NEW


2224 J St
Sacramento, CA 95816


OVERVIEW

Prime Midtown location for this almost completely leased, circa 1920 two-story Craftsman with great bones, and a storied history as the Lioness Bookstore and Sacramento Women's Center. It originally had two shotgun style apartments on the upper floor, which now has 8 private offices, 7 of which are on short-term leases to physical and massage therapists. The Property is currently well-managed by a local professional company. Current first floor long-term tenant recently completely remodeled her space interior and it shows! Long-time owners have done a lot of work on building, including installing a commercial water line, commercial fire sprinklers throughout, and an accessible lift from the street level to the first floor. First floor also has had a new water heater and HVAC unit in 2024. Building has potential upside for an investor or developer to redevelop the second floor back into apartments, and/or install an elevator and possibly add a third story attic apartment suite. This building has more than one Mixed-Use possibility. Check with City for options to explore.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

4.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lioness Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-2-MC

APN/PARCEL ID

007-0093-008

ASK ABOUT THIS PROPERTY

Kari BryskiGrounded.More Info
916-606-3828

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Kari BryskiGrounded.More Info
916-606-3828

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