2224 J St - Storefront Retail/Office FOR SALE


Sacramento, CA 95816- Midtown Sacramento
$925,000 USD
916-662-5771
2224 J St, Sacramento, CA for Sale
$925,000 USD
Storefront Retail/Office - FOR SALE
1/27
null | 5.59% Cap Rate

2224 J St
Sacramento, CA 95816
Midtown Sacramento


HIGHLIGHTS

  • Great location
  • Historic charm
  • High ceilings
  • First floor remodeled interior
  • Long term first floor tenant

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, 8 of which are on short-term leases to physical and massage therapists. The Property is currently well-managed by a local attentive and responsive professional company. Current first floor long-term fitness trainer 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, building fire sprinklers, 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. Please contact: Perry Arnold: 916-995-7131 or Kari Bryski: 916-606-3828

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lioness Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

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

Sam AllenGrounded.More Info
916-662-5771

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Sam AllenGrounded.More Info
916-662-5771

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