242 N Sutter ST, Stockton, CA 95202
242 N Sutter ST, Stockton, CA 95202
242 N Sutter ST, Stockton, CA 95202
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$699,000
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14,390 Acres Lot
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242 N Sutter ST Stockton, CA 95202

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C Ray Brower

C Ray Brower

+1(209) 418-0238

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226052664

HOA Y/N No

Year Built 1926

Lot Size 14390.000 Acres

Acres 0.3303

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

Rare lender-owned commercial opportunity in the historic Medico-Dental Building at 242 N. Sutter Street in downtown Stockton. This offering is for the commercial section only, representing approx. 36% of the building. Residential apartment floors are not included. The sale includes approx. 85% of the ground-floor commercial/retail space, plus portions of the upper commercial area, including majority/use rights of the 11th and 12th floors and a smaller portion of the 10th floor. Ownership is an A/B structure with ownership agreements in place; there is no HOA. Buyer to verify all ownership documents, use rights, square footage, responsibilities, and intended uses. This is a true fixer/shell opportunity, but with a major head start. Seller reports the building was certified structurally safe when the 2nd through 9th floors were converted to apartments less than 10 years ago, and that code-related improvements were completed at that time, including new elevators and fire suppression systems. That matters: the buyer is not starting with an unknown shell in a questionable building. They are buying commercial space inside a landmark downtown tower with serious infrastructure already addressed. Buyer to verify permits, certifications, systems, condition, and code compliance. The ground-floor commercial spaces offer massive street frontage, prime corner visibility, and excellent signage exposure in the heart of downtown Stockton. Downtown Commercial zoning creates flexible potential for restaurant, coffee shop, pizzeria, grocery/convenience concept, pharmacy, showroom, auto parts, carpet/flooring retailer, warehouse, retail, service business, or other commercial uses subject to city approval. The building also offers garage/warehouse-style space, high ceilings, exposed brick, concrete, steel framing, historic character, and dramatic upper-floor views. Built in 1927, the Medico-Dental Building is one of Stockton's most recognizable downtown landmarks. For the right developer, investor, or owner-user, this is the kind of bargain downtown asset that rarely comes along: visibility, history, flexible use potential, and upside in one package. Lender wants it sold and has priced it aggressively. Bring vision, contractors, and due diligence. This is not turnkey, but the opportunity is real. Buyer to verify zoning, permits, condition, utilities, access, ownership structure, and all intended uses.

Location

State CA

County San Joaquin

Area 20801

Direction corner of Sutter and Miner in Stockton

Location Details Downtown,Freeway Nearby

Interior

Heating Other

Cooling None

Flooring Other

Exterior

Parking Features Private, Public, Street, None

Utilities Available Other

Water Access Desc Public

Roof Type Flat

Topography Level

Building

Foundation PillarPostPier

Sewer Septic Connected

Water Public

Others

Senior Community No

Tax ID 139-370-02

Special Listing Condition Real Estate Owned

MetroList® Services, Inc
Listed by Portfolio Real Estate

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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242 N Sutter ST